section ttt part ii a: outrights crude oil and refined … attach.pdf · section ttt part ii a:...

SECTION TTT PART II A: OUTRIGHTS – CRUDE OIL AND REFINED PRODUCTS

GASOIL OUTRIGHT – SINGAPORE GASOIL 10 PPM (PLATTS)SWAP FUTURE* 82.

Description A monthly cash settled swap future based on the Platts daily

assessment price for Singapore Gasoil 10 ppm throughout 2017.

From 2 January 2018 it will become a monthly cash settled future

based on the Platts daily assessment price for Singapore Gasoil.

NB: Platts assessment of Singapore “Gasoil” up to the end of 2017

reflects a 500 ppm (0.05%) sulfur content Gasoil grade. From 2

January 2018, “Gasoil” will reflect 10 ppm sulfur Gasoil grade.

Contract Symbol GST

Contract Size 1,000 barrels

Unit of Trading Any multiple of 1,000 barrels

Currency US Dollars and cents

Trading Price Quotation One cent ($0.01) per barrel

Settlement Price Quotation One tenth of one cent ($0.001) per barrel

Minimum Price Fluctuation One tenth of one 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 Price Up to and including the December 2017 contract month Iin respect

of final settlement, the Floating Price will be a price in USD and

cents per barrel based on the average of the “Mid”mean of the high

and low quotations appearing in “Platts Asia-Pacific/Arab Gulf

Marketscan” under the heading “Asia Products” subheading

“Singapore” and “FOB Singapore ($/barrel)” for “Gasoil 10 ppm”

for each business day (as specified below) in the determination

period.

From 2 January 2018 the Floating Price will change to reference

“Platts Asia-Pacific/Arab Gulf Marketscan” under the heading “Asia

Products” subheading “Singapore” and “FOB Singapore ($/barrel)”

for “Gasoil” for each business day (as specified below) in the

determination period.

Contract Series Up to 60 consecutive months

Final Payment Dates Two Clearing House Business Days following the Last Trading Day

business days Publication days for Platts Asia-Pacific/Arab Gulf Marketscan

* NB: The contract name ‘Singapore Gasoil 10 ppm (Platts) Future’ will be changed to ‘Singapore Gasoil

(Platts) Future’ from 2 January 2018.

GASOIL OUTRIGHT – SINGAPORE GASOIL 10 PPM (PLATTS) BALMO FUTURE*22

83.

* NB: The contract name ‘Singapore Gasoil 10 ppm (Platts) Balmo Future’ will be changed to ‘Singapore

Gasoil (Platts) Balmo Future’ from 2 January 2018.

22

Inserted 12 May 2014

Description A balance of the month cash settled future based on the Platts daily

assessment price for Singapore Gasoil 10 ppm throughout 2017. From 2

January 2018 it will become a balance of the month cash settled future

based on the Platts daily assessment price for Singapore Gasoil.


reflects a 500 ppm (0.05%) sulfur content Gasoil grade. From 2 January

2018, “Gasoil” will reflect 10 ppm sulfur Gasoil grade.

Contract Symbol S1A-S24








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 Price Up to and including the December 2017 contract month Iin 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 “Platts

Asia-Pacific/Arab Gulf Marketscan” under the heading “Asia Products”

subheading “Singapore” and “FOB Singapore ($/barrel)” for “Gasoil 10

ppm” for each business day (as specified below) in the determination

period.

From 2 January 2018 the Floating Price will change to reference “Platts

Asia-Pacific/Arab Gulf Marketscan” under the heading “Asia Products”

subheading “Singapore” and “FOB Singapore ($/barrel)” for “Gasoil”

for each business day (as specified below) in the determination period.




GASOIL OUTRIGHT – SINGAPORE GASOIL SWAP(PLATTS) FUTURE*23

84.

Description A monthly cash settled swap future based on the Platts daily

assessment price for Singapore Gasoil throughout 2017. From 2

January 2018 it will become a monthly cash settled future based on

the Platts daily assessment price for Singapore Gasoil 0.05% sulfur

(500 ppm).




Contract Symbol SWS











products.

Final Settlement Price Up to and including the December 20172 contract month in respect



and low quotations appearing in the "Platts Asia-Pacific/Arab Gulf

Marketscan" under the heading "Asia Products" subheading

"Singapore" and "FOB Singapore ($/barrel)" for "Gasoil 0.05%

sulfur" for each business day (as specified below) in the


From January 20183 the Floating Price reference will change to

reference "Platts Asia-Pacific/Arab Gulf Marketscan" under the

heading "Asia Products" subheading "Singapore" and "FOB

Singapore" for "Gasoil 0.05% sulfur" for each business day (as

specified below) in the determination period.


Final Payment Dates Two Clearing House Business Days following the Last Trading

Day


* NB: The contract name ‘Singapore Gasoil (Platts) Future’ will be changed to ‘Singapore Gasoil 0.05% (Platts)

Future’ from 2 January 2018.

23

Amended 2 January 2013

GASOIL OUTRIGHT – SINGAPORE GASOIL (PLATTS) MINI FUTURE*24

85.

Description A monthly cash settled mini future based on the Platts daily

assessment price for Singapore Gasoil throughout 2017. From 2

January 2018 it will become a monthly cash settled mini future

based on the Platts daily assessment price for Singapore Gasoil

0.05% sulfur (500 ppm).




Contract Symbol SWM

Contract Size 100 barrels

Unit of Trading Any multiple of 100 barrels









products.




and low quotations appearing in "Platts Asia-Pacific/Arab Gulf


"Singapore" and "FOB Singapore ($/barrel)" for "Gasoil" for each

business day (as specified below) in the determination period.









* NB: The contract name ‘Singapore Gasoil (Platts) Mini Future’ will be changed to ‘Singapore Gasoil 0.05%

(Platts) Mini Future’ from 2 January 2018.

24

Inserted 12 August 2013

GASOIL OUTRIGHT – SINGAPORE GASOIL (PLATTS) BALMO SWAP FUTURE*25

86.

Description A balance of the month cash settled swap future based on the Platts

daily assessment price for Singapore Gasoil throughout 2017. From

2 January 2018 it will become a balance of the month cash settled

future based on the Platts daily assessment price for Singapore

Gasoil 0.05% sulfur (500 ppm).




Contract Symbol VXC-VXZ; VYA-VYG











products.




and low quotations appearing in the "Platts Asia-Pacific/Arab Gulf


"Singapore" and "FOB Singapore ($/barrel)" for "Gasoil 0.05%

sulfur" for each business day (as specified below) in the










* NB: The contract name ‘Singapore Gasoil (Platts) Balmo Future’ will be changed to ‘Singapore Gasoil 0.05%

(Platts) Balmo Future’ from 2 January 2018.

25


SECTION TTT PART II B: CRACKS – CRUDE OIL AND REFINED PRODUCTS

GASOIL CRACK - SINGAPORE GASOIL (PLATTS) VS DUBAI 1ST LINE (PLATTS) 37.

FUTURE*18

Description A monthly cash settled future based on the difference between the

Platts daily assessment price for Singapore Gasoil and the Platts

daily assessment price for prompt month Dubai Crude throughout

2017. From 2 January 2018 it will become a monthly cash settled

future based on the Platts daily assessment price for Singapore

Gasoil 0.05% sulfur (500 ppm) and the Platts daily assessment price

for prompt month Dubai Crude.




Contract Symbol SFG











products.



cents per barrel based on the difference between the average of the

“Mid” quotations appearing in the “Platts Asia-Pacific/Arab Gulf

Marketscan” under the heading “Singapore” subheading “FOB

Singapore ($/barrel)” for “Gasoil” and the average of the “Mid”

quotations appearing in the “Platts “Crude Oil Marketwire” under

the heading “Key Benchmarks ($/barrel)” for “Dubai” prompt

month for each business day (as specified below) in the


From January 2018 in respect of final settlement, the Floating Price

will be a price in USD and cents per barrel based on the difference

between the average of the “Mid” quotations appearing in “Platts

Asia-Pacific/Arab Gulf Marketscan” under the heading “Singapore”

subheading “FOB Singapore ($/barrel)” for “Gasoil 0.05% sulfur”

and the average of the “Mid” quotations appearing in “Platts Crude

Oil Marketwire” under the heading “Key Benchmarks ($/barrel)”

for “Dubai” prompt month for each business day (as specified

below) in the determination period.

18

Inserted 6 June 2016



business days Publication days for Platts Asia-Pacific/Arab Gulf Marketscan and

Platts Crude Oil Marketwire

MIC Code IFEU

Clearing Venue ICEU

* NB: The contract name ‘Singapore Gasoil (Platts) vs Dubai 1st Line (Platts) Future’ will be changed to

‘Singapore Gasoil 0.05% (Platts) vs Dubai 1st Line (Platts) Future’ from 2 January 2018.

SECTION TTT PART II C: DIFFERENTIALS – CRUDE OIL AND REFINED PRODUCTS

GASOIL DIFF – SINGAPORE 10PPM GASOIL 10 PPM (PLATTS) VS SINGAPORE GASOIL 86.

(PLATTS)SWAP FUTURE*72

Description A monthly cash settled swap future based on the difference between

the Platts daily assessment price for Singapore 10ppm Gasoil 10 ppm

and the Platts daily assessment price for Singapore Gasoil throughout

2017. From 2 January 2018 it will become a monthly cash settled

future based on the difference between the Platts daily assessment

price for Singapore Gasoil and the Platts daily assessment price for

Singapore Gasoil 0.05% sulfur (500 ppm).




Contract Symbol GSW











products.


of final settlement, the Floating Price will be a price in USD and cents

per barrel based on the difference between the average of the

“Mid”mean of the high and low quotations appearing in “Platts Asia-

Pacific/Arab Gulf Marketscan” under the heading “Asia Products”

subheading “Singapore” and “FOB Singapore ($/barrel)” for “Gasoil

10 ppm” and the average of the “Mid”mean of the high and low

quotations appearing in the “Platts Asia-Pacific/Arab Gulf


“Singapore” and “FOB Singapore ($/barrel)” for “Gasoil 0.05%” for

each business day (as specified below) in the determination period.


will be a price in USD and cents per barrel based on the difference


Asia-Pacific/Arab Gulf Marketscan” under the heading “Asia


for “Gasoil” and the average of the “Mid” quotations appearing in



for “Gasoil 0.05% sulfur” for each business day (as specified below)

72


in the determination period.

From January 2013 the Singapore Gasoil 0.05% leg Floating Price

reference will change to reference "Platts Asian-Pacific/Arab Gulf

MarketScan" under the heading "Asia Products" subheading

"Singapore" and "FOB Singapore" for the "Gasoil" quotation for each

business day (as specified below) in the determination period.




* NB: The contract name ‘Singapore Gasoil 10 ppm (Platts) vs Singapore Gasoil (Platts) Future’ will be

changed to ‘Singapore Gasoil (Platts) vs Singapore Gasoil 0.05% (Platts) Future’ from 2 January 2018.

GASOIL ARB – SINGAPORE GASOIL (PLATTS) VS LOW SULPHUR GASOIL 1ST

LINE 87.

SWAP FUTURE (IN BBLS)*73


the Platts daily assessment price for Singapore Gasoil and the ICE

daily settlement price for Low Sulphur Gasoil 1st Line Swap Future

throughout 2017. From 2 January 2018 it will become a monthly

cash settled future based on the difference between the Platts daily

assessment price for Singapore Gasoil 0.05% sulfur (500 ppm) and

the ICE settlement price for Low Sulphur Gasoil 1st Line Future.




Contract Symbol SWW











products.



cents per barrel equal to the difference between the average of the

“Mid”mean of the high and low quotations appearing in the “Platts



for “Gasoil 0.05%” and the average of the daily settlement prices as

made public by ICE for the front month Low Sulphur Gasoil 1st

Line Swap Future contract for each business day (as specified

below) in the determination period.


will be a price in USD and cents per barrel equal to the difference




for “Gasoil 0.05% sulfur” and the average of the settlement prices as

made public by ICE for the front month Low Sulphur Gasoil Future


period.

From January 2013 the Singapore Gasoil leg Floating Price



73


"Singapore" and "FOB Singapore" for the "Gasoil" quotation for


Non-Common Pricing applies.

conversion factor: 1 metric tonne = 7.45 barrels.

Roll Adjust Provision In order to use the correct Floating Price quotations, the nearby

month quotation for ICE Low Sulphur Gasoil Futures specified in

the Floating Price terms above will be used except for the expiration

date of the commodity's underlying delivery month's futures

contract. On such date, the applicable pricing quotation will be

rolled to the following month's futures contract.




ICE

* NB: The contract name ‘Singapore Gasoil (Platts) vs Low Sulphur Gasoil 1st Line Future (in Bbls)’ will be

changed to ‘Singapore Gasoil 0.05% (Platts) vs Low Sulphur Gasoil 1st Line Future (in Bbls)’ from 2 January

2018.

GASOIL DIFF - SINGAPORE GASOIL (PLATTS) VS LOW SULPHUR GASOIL 1ST LINE 88.

BALMO FUTURE (IN BBLS)*74

Description A balance of the month cash settled future based on the difference

between the Platts daily assessment price for Singapore Gasoil and

the ICE settlement price for Low Sulphur Gasoil 1st Line Future

throughout 2017. From 2 January 2018 it will become a balance of

the month cash settled future based on the difference between the

Platts daily assessment price for Singapore Gasoil 0.05% sulfur (500

ppm) and the ICE settlement price for Low Sulphur Gasoil 1st Line

Future.




Contract Symbol 120-12U











products.



cents per barrel equal to the difference between the average of the

“Mid” quotations appearing in the “Platts Asia-Pacific/Arab Gulf


“Singapore” and “FOB Singapore ($/barrel)” for “Gasoil” and the

average of the settlement prices as made public by ICE for the front

month Low Sulphur Gasoil Future contract for each business day (as



will be a price in USD and cents per barrel equal to the difference




for “Gasoil 0.05% sulfur” and the average of the settlement prices as

made public by ICE for the front month Low Sulphur Gasoil Future


period.

Non-Common Pricing applies.

conversion factor: 1 metric tonne = 7.45 barrels.

74

Inserted 04 April 2016

Roll Adjust Provision In order to use the correct Floating Price quotations, the nearby

month quotation for ICE Low Sulphur Gasoil Futures specified in

the Floating Price terms above will be used except for the expiration

date of the commodity's underlying delivery month's futures

contract. On such date, the applicable pricing quotation will be

rolled to the following month's futures contract.




ICE

MIC Code IFEU

Clearing Venue ICEU

* NB: The contract name ‘Singapore Gasoil (Platts) vs Low Sulphur Gasoil 1st Line Balmo Future (in Bbls)’

will be changed to ‘Singapore Gasoil 0.05% (Platts) vs Low Sulphur Gasoil 1st Line Balmo Future (in Bbls)’

from 2 January 2018.

JET FUEL DIFF – SINGAPORE JET KEROSENE CARGOES (PLATTS) VS SINGAPORE 92.

GASOIL (PLATTS)SWAP FUTURE*75


the Platts daily assessment price for Singapore Jet Kerosene and

Platts daily assessment price for Singapore Gasoil throughout 2017.

From 2 January 2018 it will become a monthly cash settled future

based on the difference between the Platts daily assessment price for

Singapore Jet Kerosene and the Platts daily assessment price for

Singapore Gasoil 0.05% sulfur (500 ppm).




Contract Symbol SVW











products.



cents per barrel based on difference between the average of the

“Mid”mean of the high and low quotations appearing in “Platts



for “Kerosene” and the average of the “Mid”mean of the high and

low quotations appearing in the “Platts Asia-Pacific/Arab Gulf


“Singapore” and “FOB Singapore ($/barrel)” for “Gasoil 0.05%” for



will be a price in USD and cents per barrel based on difference




for “Kerosene” and the average of the “Mid” quotations appearing in



for “Gasoil 0.05% sulfur” for each business day (as specified below)

in the determination period.

From January 2013 the Singapore Gasoil 0.05% leg Floating Price

75




"Singapore" and "FOB Singapore" for the "Gasoil" quotation for





* NB: The contract name ‘Singapore Jet Kerosene Cargoes (Platts) vs Singapore Gasoil (Platts) Future’ will be

changed to ‘Singapore Jet Kerosene Cargoes (Platts) vs Singapore Gasoil 0.05% (Platts) Future’ from 2 January

2018.

JET FUEL DIFF - SINGAPORE JET KEROSENE CARGOES (PLATTS) VS SINGAPORE 93.

GASOIL (PLATTS) BALMO FUTURE*76

Description A balance of the month cash settled future based on the difference

between the Platts daily assessment price for Singapore Jet

Kerosene and Platts daily assessment price for Singapore Gasoil

throughout 2017. From 2 January 2018 it will become a balance of

the month cash settled future based on the difference between the

Platts daily assessment price for Singapore Jet Kerosene and the

Platts daily assessment price for Singapore Gasoil 0.05% sulfur

(500 ppm).




Contract Symbol GPV-GQZ











products.

Final Settlement Price Up to and including the December 2017 Iin respect of final

settlement, the Floating Price will be a price in USD and cents per

barrel based on the difference between the average of the

“Mid”mean of the high and low quotations appearing in the “Platts


Products” subheading “Singapore” and “FOB Singapore

($/barrel)” for “Kerosene” and the average of the “Mid”mean of

the high and low quotations appearing in the “Platts Asia-

Pacific/Arab Gulf Marketscan” under the heading “Asia Products”

subheading “Singapore” and “FOB Singapore ($/barrel)” for

“Gasoil” for each business day (as specified below) in the



will be a price in USD and cents per barrel based on difference



Products” subheading “Singapore” and “FOB Singapore

($/barrel)” for “Kerosene” and the average of the “Mid” quotations

appearing in “Platts Asia-Pacific/Arab Gulf Marketscan” under the

heading “Asia Products” subheading “Singapore” and “FOB

Singapore ($/barrel)” for “Gasoil 0.05% sulfur” for each business

76

Inserted 29 April 2013

day (as specified below) in the determination period.

Contract Series Up to 2 consecutive calendar months


Day


* NB: The contract name ‘Singapore Jet Kerosene Cargoes (Platts) vs Singapore Gasoil (Platts) Balmo Future’

will be changed to ‘Singapore Jet Kerosene Cargoes (Platts) vs Singapore Gasoil 0.05% (Platts) Balmo Future’

from 2 January 2018.

SECTION TTT PART II F: OPTIONS

GASOIL OUTRIGHT - SINGAPORE GASOIL (PLATTS) AVERAGE PRICE OPTION*18 28.

Description The Singapore Gasoil (Platts) Average Price Option is based on the

underlying Singapore Gasoil (Platts) Swap Future (SWS) and will

automatically exercise into the settlement price of the Swap Future

on the day of expiry of the options contract throughout 2017. From 2

January 2018 the Average Price Option (which will be renamed as

‘Singapore Gasoil 0.05% (Platts) Average Price Option’) is based on

the underlying Singapore Gasoil 0.05% (Platts) Future (SWS) and

will automatically exercise into the settlement price of the Future on

the day of expiry of the options contract.




Contract Symbol SWS

Hedge Instrument The delta hedge for the Singapore Gasoil (Platts) Average Price

Option is the Singapore Gasoil (Platts)Swap Future (SWS).








Option Type Options are average priced and will be automatically exercised into

the Singapore Gasoil (Platts) Swap Future on the expiry day if they

are "in the money". The Swap Future resulting from exercise

immediately goes to cash settlement relieving market participants of

the need to concern themselves with liquidation or exercise issues. If

an option is "out of the money" it will expire automatically. It is not

permitted to exercise the option on any other day or in any other

circumstances than the Last Trading Day. No manual exercise is

permitted.

Option Premium/Daily

Margin

The Singapore Gasoil (Platts) Average Price Option is a premium-

paid-upfront option. The traded premium will therefore be debited by

the Clearing House from the Buyer and credited to the Seller on the

morning of the Business Day following the day of trade. Members

who are long premium-paid-upfront options will receive a Net

Liquidating Value (NLV) credit to the value of the premium which is

then used to offset the initial margin requirement flowing from both

these options and positions in other energy contracts. Members who

are short premium-paid-upfront options will receive an NLV debit in

addition to their initial margin requirement. NLV is calculated daily

with reference to the settlement price of the option.

Expiry 16:30 Singapore Time.

18 Inserted 24 June 2013

Automatic exercise settings are pre-set to exercise contracts which

are one minimum price fluctuation or more "in the money" with

reference to the relevant reference price. Members cannot override

automatic exercise settings or manually enter exercise instructions for

this contract.

The reference price will be a price in USD and cents per barrel equal

to the arithmetic average of thefinal settlement prices of the

Singapore Gasoil (Platts) Swap Future for the contract month. When

exercised against, the Clearing House, at its discretion, selects sellers

against which to exercise on a pro-rata basis.

Strike Price Intervals A minimum of 20 Strike Prices in increments of $0.01 per bbl above

and below the at-the-money Strike Price. Strike Price boundaries are

adjusted according to futures price movements. User-defined Strike

Prices are allowed in $0.01 increments.

This contract will support Custom Option Strikes with strikes in

increments of $0.01 within a range of $20 to $240. This range may be

revised from time to time according to future price movements. The

at-the-money strike price is the closest interval nearest to the

previous business day's settlement price of the underlying contract.




* NB: The contract name ‘Singapore Gasoil (Platts) Average Price Option’ will be changed to ‘Singapore

Gasoil 0.05% (Platts) Average Price Option’ from 2 January 2018.

GASOIL CRACK – SINGAPORE GASOIL (PLATTS) VS DUBAI 1ST LINE (PLATTS) 29.

AVERAGE PRICE OPTION*19

Description The Singapore Gasoil (Platts) vs Dubai 1st Line (Platts) Average

Price Option is based on the underlying Singapore Gasoil (Platts) vs

Dubai 1st Line (Platts) Future (SFG) and will automatically exercise

into the Singapore Gasoil (Platts) vs Dubai 1st Line (Platts) Future

(SFG) on the day of expiry of the options contract throughout 2017.

From 2 January 2018 the Average Price Option (which will be

renamed as ‘Singapore Gasoil 0.05% (Platts) vs Dubai 1st Line

(Platts) Average Price Option’) is based on the underlying

Singapore Gasoil 0.05% (Platts) vs Dubai 1st Line (Platts) Future

(SFG) and will automatically exercise into the settlement price of

the Future on the day of expiry of the options contract.




Contract Symbol SFG

Hedge Instrument The delta hedge for the Singapore Gasoil (Platts) vs Dubai 1st Line

(Platts) Average Price Option is the Singapore Gasoil (Platts) vs

Dubai 1st Line (Platts) Future (SFG).








Option Type Options are average priced and will be automatically exercised into

the Singapore Gasoil (Platts) vs Dubai 1st Line (Platts) Future on

the expiry day if they are "in the money". The Future resulting

from exercise immediately goes to cash settlement relieving

market participants of the need to concern themselves with

liquidation or exercise issues. If an option is "out of the money" it

will expire automatically. It is not permitted to exercise the option

on any other day or in any other circumstances than the Last

Trading Day. No manual exercise is permitted.

19 Inserted 6 June 2016

Option Premium/Daily

Margin

The Singapore Gasoil (Platts) vs Dubai 1st Line (Platts) Average

Price Option is a premium-paid-upfront option. The traded

premium will therefore be debited by the Clearing House from the

Buyer and credited to the Seller on the morning of the Business

Day following the day of trade. Members who are long premium-

paid-upfront options will receive a Net Liquidating Value (NLV)

credit to the value of the premium which is then used to offset the

initial margin requirement flowing from both these options and

positions in other energy contracts. Members who are short

premium-paid-upfront options will receive an NLV debit in

addition to their initial margin requirement. NLV is calculated

daily with reference to the settlement price of the option.

Expiry 16:30 London Time (11:30 EST).

Automatic exercise settings are pre-set to exercise contracts which

are one minimum price fluctuation or more “in the money” with

reference to the relevant reference price. Members cannot override

automatic exercise settings or manually enter exercise instructions

for this contract.

The reference price will be a price in USD and cents per barrel

equal to the average of the settlement prices of the Singapore

Gasoil (Platts) vs Dubai 1st Line (Platts) Future for the contract

month. When exercised against, the Clearing House, at its

discretion, selects sellers against which to exercise on a pro rata

basis.

Strike Price Intervals A minimum of 20 Strike Prices in increments of $0.01 per bbl above

and below the at-the-money Strike Price. Strike Price boundaries are

adjusted according to futures price movements. User-defined Strike

Prices are allowed in $0.01 increments.

This contract will support Custom Option Strikes with a minimum

of 10 Strike Prices in increments of $0.01 per bbl above and below

the at-the-money Strike Price. Strike Price boundaries are adjusted

according to futures price movements. User-defined Strike Prices

are allowed in $0.01 increments.



Day


Platts Crude Oil Marketwire

MIC Code IFEU

Clearing Venue ICEU

* NB: The contract name ‘Singapore Gasoil (Platts) vs Dubai 1st Line (Platts) Average Price Option’ will be

changed to ‘Singapore Gasoil 0.05% (Platts) vs Dubai 1st Line (Platts) Average Price Option’ from 2 January

2018.

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