DELIVERY PROCEDURES: ROBUSTA COFFEE FUTURES 

PART P: ROBUSTA COFFEE FUTURES

1. DELIVERY SPECIFICATION

1.1 Quality 

Robusta Coffee shall be delivered of a growth and quality as specified in the ICE Futures Europe 

Rules, as applicable. 

1.2 Price 

The price at which the Robusta Coffee is delivered is the Market Delivery Settlement Price on the 

Business Day immediately preceding the day of Tender, adjusted in accordance with the ICE Futures 

Europe Rules, as applicable. 

1.3 Scope 

Robusta Coffee shall be delivered from a nominated warehouse as defined in the ICE Futures Europe 

Rules, as applicable. 

1.4 Cessation of Trading 

Robusta Coffee delivery months cease trading on the last trading day, as specified in the Contract 

Terms Sellers’ Tenders may be submitted by 12:00 on any Business Day during the Tender Period 

(excluding the last trading day when the Tender must be submitted by 14:30). 
DELIVERY PROCEDURES: ROBUSTA COFFEE FUTURES 

DELIVERY TIMETABLE FOR ROBUSTA COFFEE FUTURES 

TIME ACTION

Tender Day 

(excluding last 

Tender day)

Tender Day

By 12:00 All Clearing Members perform position maintenance.

Sellers who wish to tender input Delivery Notices via both ECS (or 

any successor system) and Guardian (or any successor system).

On each Business Day during the Tender Period a Seller may input a 

delivery notification via ECS (or any successor system). Clearing 

Members submitting a delivery notification to ECS (or any successor 

system) must also submit via Guardian (or any successor system) the 

details of the lots to be tendered.

Tender notifications may be deleted by Clearing Members.

Submission of a delivery notification to ECS (or any successor 

system) without the corresponding input to Guardian (or any 

successor system) (or vice versa) will not constitute valid notification 

of Tender to the Clearing House.

Clearing Members must ensure that all settlements and transfers 

are completed in ECS/PTMS (or any successor system) by the 

12:00 deadline.

Allocation After 12:00 MPFE report available informing Buyers of the number of lots 

allocated.

Robusta Coffee allocated to Buyers on a pro rata basis.

The following are made available to Buyers via Guardian (or any 

successor system):

- invoice report.

- delivery details.

The following are made available to Sellers via Guardian (or any 

successor system):

- account sale report.

- delivery details.

Cessation of 

Trading

Last Tender Day

At 12:30 The Robusta Coffee delivery month ceases trading.

By 14:30 All Clearing Members perform position maintenance. Remaining 

Open Contract Positions automatically become subject to delivery 

obligations.

Sellers submit delivery notices via Guardian (or any successor 

system).

Sellers holding Open Contract Positions must submit via Guardian (or 

any successor system) the details of the lots to be tendered.

Tender notifications may be deleted by Clearing Members.
DELIVERY PROCEDURES: ROBUSTA COFFEE FUTURES 

TIME ACTION

Sellers are not required to give notification via ECS (or any successor 

system).

Clearing Members must ensure that all assignments, settlements 

and transfers are completed in ECS/ PTMS (or any successor 

system) by the 14:30 deadline. Clearing Members with Open 

Contract Positions in the expired delivery month are obliged to make 

or take delivery.

Allocation After 14:30 The MPFE report is made available informing Buyers of the final 

number of lots allocated.

Second allocation of Robusta Coffee to Buyers on a pro rata basis.

The following are made available to Sellers via Guardian (or any 

successor system):

- account sale report.

- delivery details.

The following are made available to Buyers via Guardian (or any 

successor system):

- invoice report.

- delivery details.

Payment Settlement Day 4 days after the Tender Day (or the next Business Day in the case of 

a Bank Holiday or a day declared a non-Business Day by ICE Futures Europe, as 

applicable)

By 09:00 The Clearing House debits Buyers, as detailed on the Invoices

After 09:00 The Clearing House credits Sellers, as detailed on the Account Sales.

The Clearing House transfers the warrants to Buyers via Guardian (or 

any successor system).

Substitution of 

Tenders

14 Business Days after Tender Day

By 17:00 A Seller may substitute a Tender with the Buyer’s prior consent (or in 

the case of dispute, if ordered to do so by ICE Futures Europe, as 

applicable) via Guardian (or any successor system) and Guardian (or 

any successor system) will notify any changes in pricing resulting 

from the substitution. A Substitution Invoice or Account Sale is made 

available to the Buyer and Seller respectively.

If the Buyer does not consent to such a substitution, then the Seller 

remains obliged to make delivery in accordance with the original 
DELIVERY PROCEDURES: ROBUSTA COFFEE FUTURES 

TIME ACTION

Tender. If the Seller fails to make delivery against the original Tender 

then the Seller will be in default in performance.