- Trading Screen Product Name
- Base Oil Futures
- Trading Screen Hub Name
- Grp II N100/120 FOB USGC Export (ICIS)
- Contract Symbol
BOU
- Contract Size
100 metric tonnes
- Unit of Trading
Any multiple of 100 metric tonnes
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per metric tonne
- Settlement Price Quotation
One tenth of one cent ($0.001) per metric tonne
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per metric tonne
- Last Trading Day
Last Tuesday of the contract month. If such Tuesday is not a business day then the Last Trading Day will be the Tuesday prior that is a business day that is the same as the publication date of the ICIS Base Oils (Americas) Report.
The December contract month Last Trading Day will be the Tuesday prior to Christmas Day.
- Floating Price
In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
- Contract Series
Up to 36 consecutive months, or as otherwise determined by the Exchange.
- MIC Code
- IFED
- Clearing Venues
- ICEU