Spark25S Pacific NWS to Tianjin LNG Freight Balmo Futures83049431
ICE Futures Europe
Spark25S Pacific NWS to Tianjin LNG Freight Balmo Futures
Description
Contract is a balance of month financially settled contract based on the Spark25S assessment as published by Spark Commodities
Market Specifications
- Trading Screen Product Name
- LNG Freight Time Charter Futures (balmo)
- Trading Screen Hub Name
- Spark25S Pacific
- Contract Symbol
- SPT
- Contract Series
- 2 consecutive Balance of Month contract (BOM) or as otherwise determined and announced by the Exchange from time to time
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 (Tomorrow) 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 certain days at the end of a contract month there will not be a BOM listed. - 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 two UK Business Days prior to the first calendar day of the contract month.
- Settlement Method
- Financially Settled
- Final Settlement
- 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 | 8:50 PM - 7:00 PM* 20:50 - 19:00 | 8:40 PM 20:40 |
| 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
- Spark Freight
- Physical
- SPT
- Logical
- SPT
- GMI (FC)
- ION A.C.N.
- Symbol Code
- SPT