- Trading Screen Product Name
- Base Oil Futures
- Trading Screen Hub Name
- Grp II N150 FOB Asia (ICIS)
- Contract Symbol
BOF
- 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 (Asia-Pacific) 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
- IFEU
- Clearing Venues
- ICEU