Spark30S Atlantic Sabine Pass to Gate LNG Freight Balmo Futures83049430
ICE Futures Europe
Spark30S Atlantic Sabine Pass to Gate LNG Freight Balmo Futures
Description
Contract is a balance of month financially settled contract based on the Spark30S assessment as published by Spark Commodities.
Market Specifications
- Trading Screen Product Name
- LNG Freight Time Charter Futures (balmo)
- Trading Screen Hub Name
- Spark30S Atlantic
- Contract Symbol
- SPA
- Contract Series
- Up to 62 consecutive contracts or as otherwise determined and announced by the Exchange from time to time, listed in parallel.
Balmo strips listed;
· Balmo (Today)
· Balmo (Next Day) - Contract Size
- 1 day of time charter
The Balmo (Today) is a strip of two or more charter days starting from the business day upon which the Transaction was concluded to the end of the contract month.
The Balmo (Next Day) is a strip of two or more charter days starting from the next business day after the Transaction was concluded to the end of the contract month. N.B. On the last trading day of a contract month, the Balmo (Next Day) strip will reference the next calendar month - Unit of Trading
- 1 day of time charter
- Minimum Trading Size
- Futures: 1 day of time charter
Exchange for Physical (EFP): 1 day of time charter
Exchange for Swap (EFS): 1 day of time charter
Block Order: 1 day of time charter - Price Quotation
- United States dollar and cents per Charter Day
- Minimum Price Fluctuation
- 1 US Dollar per Charter Day ($1.00/Charter Day)
- Tick Value
- Contract Size x Minimum Trade Size x Minimum Price Fluctuation
- Last Trading Day
- Trading will cease on the last trading day of the contract month.
- Settlement Method
- Financially Settled
- Contract Pricing
- The Final settlement, the Floating Price will be a price in USD and cents per day based upon the average of the spot assessments as published by Spark Commodities for the Spark30S assessment for each publication day in the determination period.
The determination period ends on and includes the last publication day of Spark commodities. - 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 | 7:50 AM - 6:00 AM* 07:50 - 06:00 | 7:40 AM 07:40 |
Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Spark Freight
- Physical
- SPA
- Logical
- SPA
- GMI (FC)
- ION A.C.N.
- Symbol Code
- SPA