Container FFA - Asia to North Europe 40GP/HC (NYFI) Future83049313
ICE Futures Europe
Container FFA - Asia to North Europe 40GP/HC (NYFI) Future
Description
A monthly cash settled container freight future based on the NYSHEX index administered by ICE Data Indices, LLP (“IDI”) for Asia to North Europe 40GP/HC.
Market Specifications
- Trading Screen Product Name
- Container Freight Futures
- Trading Screen Hub Name
- Asia to North Europe 40GP/HC (NYFI)
- Contract Symbol
- FAN
- Contract Size
- 1 Forty Foot Equivalent Unit (FEU)
- Unit of Trading
- Any multiple of 1 Forty Foot Equivalent Unit (FEU)
- Currency
- US Dollars
- Trading Price Quotation
- One dollar ($1) per FEU
- Settlement Price Quotation
- One dollar ($1) per FEU
- Minimum Price Fluctuation
- One dollar ($1) per FEU
- Last Trading Day
- Last Trading Day of the contract month
- 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.
- Final Settlement
- In respect of final settlement, the Floating Price will be a price in USD and cents per FEU based on the average of the assessments as made public by NYSHEX for the relevant route on all business days in the determination period.
- Contract Series
- Up to 48 consecutive months or as otherwise determined by the Exchange.
- Final Payment Date
- Two Clearing House Business Days following the Last Trading Day
- Business Days
- Publication days for NYSHEX
- MIC Code
- IFEU
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Physical
- FAN
- Logical
- FAN
- GMI (FC)
- ION A.C.N.
- Symbol Code
- FAN