ICE Gasoline - Singapore Mogas 92 Unleaded (Platts)

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A monthly cash settled future based on the Platts daily assessment price for Singapore Mogas Gasoline 92 unleaded.

Gasoline - Singapore Mogas 92 Unleaded (Platts) Futures
Trading Screen Product Name Gasoline Futures
Trading Screen Hub Name Sing Mogas 92 Unl (Platts)
Contract Symbol SMT
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 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
Fixed Price The traded price or the previous day's settlement price
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 arithmetic average of the mid-point 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" for the "Gasoline 92 unleaded" quotation for each Business Day in the determination period.
Contract Series Up to 48 consecutive months will be listed commencing with the next calendar month. Quarterly and calendar tenors will be listed within the total number of listed monthly contract months as appropriate. An additional 12 months will be added to the end of the series upon the expiry of prompt December contract.
Final Payment Date One Business Day following the Last Trading Day
Business Days Singapore Business Days
MIC Code IFEU
Clearing Venues ICEU
Codes Clearing Admin Name RefOutright bbl
Physical SMT
Logical SMT
GMI (FC) V\
ION A.C.N. None

Notes

References

Resources

ICE Gasoline - Singapore Mogas 92 Unleaded (Platts) Product Spec