- Trading Screen Product Name
- Gasoline Futures
- Trading Screen Hub Name
- Middle East Mogas 92 FOB Arab Gulf (Platts)
- Contract Symbol
SMQ
- Contract Size
1,000 Barrels
- Unit of Trading
Any multiple of 1,000 Barrels
- Currency
US Dollars and cents
- Trading Price
One cent ($0.01) per Barrel
- Settlement Price
One tenth of a cent ($0.001) per Barrel
- Minimum Price Fluctuation
One tenth of a cent ($0.001) per Barrel
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
In respect of daily settlement, the Floating Price will be
determined by ICE using price data from a number of sources
including spot, forward and derivative markets for both physical
and financial products.
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per barrel based on the average of the
“Mid” quotations appearing in the “Platts
Asia-Pacific/Arab Gulf Marketscan” under the heading
“Middle East physical oil assessments” subheading
“FOB Arab Gulf ($/barrel)” for “Gasoline 92
unleaded” for each business day (as specified below) in the
determination period.
- Contract Series
Up to 60 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Platts Asia-Pacific/Arab Gulf Marketscan
- MIC Code
- IFEU
- Clearing Venues
- ICEU