55 East 52nd Street

39th Floor

New York, New York 10055

BY ELECTRONIC TRANSMISSION

Submission No. 20-04

August 13, 2020

Secretary of the Commission

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21

st Street, NW 

Washington, DC 20581

Re: Delisting of Commodity Swaps and Related Rule Amendments - Submission Pursuant to Section

5c(c)(1) of the Act and Regulations and 40.6(a)

Dear Ms. Jurgens:

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (the “CEA”) and the 

Commodity Futures Trading Commission (the “Commission”) Regulation 40.6(a), ICE Swap Trade, LLC (“IST” or

“SEF”) hereby notifies the Commission that it has amended its Rulebook. The Rulebook has been amended to 

delist one (1) energy contract from trading on August 17, 2020 (based on an acknowledged filing date of August 

14, 2020). 

The delisted contract terms and conditions are set forth in Chapter 13 of the ICE Swap Trade 

Rulebook (“Rules”) and in related amendments to existing Rules, as specified in Exhibit A. A copy of the 

revised Rulebook marked to show changes against the Rulebook submitted to the Commission with an effective 

date of August 17, 2020, is attached as Exhibit B, and a clean copy of the revised Rulebook is attached as 

Exhibit C. The SEF is delisting the Energy Contracts as noted in the table below:

The delisted contract is confirmed to have no open interest as of the date of the filing. 

Rule Code Contract Name

13105 SMD Singapore Mogas 95 Unleaded vs Singapore Mogas 92 Unleaded Swap

IST not aware of any substantive opposing views expressed with respect to the rules and the 

amendments. IST further certifies that concurrent with this filing, a copy of this submission was posted on its 

website, which may be accessed at: (https://www.theice.com/swap-trade/regulation).

If you have any questions or need further information, please contact the undersigned at (312) 836-

6725 or Kurt.Windeler@theice.com.

Sincerely,

Kurt Windeler

Chief Compliance Officer

cc: Division of Market Oversight
EXHIBIT A

Rule 13105. ReservedSingapore Mogas 95 Unleaded vs Singapore Mogas 92 Unleaded Swap

Contract Description: A monthly cash settled swap based on the difference between the Platts daily 

assessment price for Singapore Mogas Gasoline 95 unleaded and the Platts daily assessment price for 

Singapore Mogas Gasoline 92 unleaded.

Contract Symbol: SMD

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

Last Trading Day: Last Trading Day of the contract month

Final Settlement Price: 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 of the “Mid” quotations 

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

subheading “Singapore” and “FOB Singapore” for “Gasoline 95 unleaded” and the average of the “Mid” 

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

Products” subheading “Singapore” and “FOB Singapore” for “Gasoline 92 unleaded” for each business 

day (as specified below) in the determination period.

Roll Adjust Provision: N/A

Contract Series: Up to 60 consecutive months, or as otherwise determined by the SEF

Final Payment Dates: Fourteen (14) Calendar Days after each settlement date via wire transfer or 

Federal funds

Business Days: Publication days for Platts Asia-Pacific/Arab Gulf Marketscan

Other Terms: To be confirmed directly between the parties in their full form of contract. The terms 

reflected in such contracts shall be controlling.