ICE Butane, Argus Saudi CP

A monthly cash settled future based upon the average of the daily prices published by Argus International LPG for the location specified in Reference Price A
Butane, Argus Saudi CP Futures 	Butane, Argus Saudi CP Futures 	Butane, Argus Saudi CP Futures 	Butane, Argus Saudi CP Futures
Trading Screen Product Name 	Butane Argus Futures 	Butane Argus Futures 	Butane Argus Futures
Trading Screen Hub Name 	Saudi CP 	Saudi CP 	Saudi CP
Contract Symbol 	ABS 	ABS 	ABS
Settlement Method 	Cash settlement 	Cash settlement 	Cash settlement
Contract Size 	1,000 metric tonnes 	1,000 metric tonnes 	1,000 metric tonnes
Currency 	US Dollars and cents 	US Dollars and cents 	US Dollars and cents
Trading Price Quotation 	One cent ($0.01) per metric tonne 	One cent ($0.01) per metric tonne 	One cent ($0.01) per metric tonne
Settlement Price Quotation 	One tenth of one cent ($0.001) per metric tonne 	One tenth of one cent ($0.001) per metric tonne 	One tenth of one cent ($0.001) per metric tonne
Minimum Price Fluctuation 	One tenth of one cent ($0.001) per metric tonne 	One tenth of one cent ($0.001) per metric tonne 	One tenth of one cent ($0.001) per metric tonne
Listing Cycle 	Up to 72 consecutive monthly contract months 	Up to 72 consecutive monthly contract months 	Up to 72 consecutive monthly contract months
Last Trading Day 	Last Trading Day prior to the contract month 	Last Trading Day prior to the contract month 	Last Trading Day prior to the contract month
Final Settlement 	Average of Reference Price A prices 	Average of Reference Price A prices 	Average of Reference Price A prices
REFERENCE PRICE A 	NGL-BUTANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG 	NGL-BUTANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG 	NGL-BUTANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG
a) Ref Price A - Description 	"NGL-BUTANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG" means that the price for a Pricing Date will be that day's Specified Price per tonne of butane for delivery on the Delivery Date, stated in US Dollars, published under the heading "International comparisons: Saudi Aramco: Butane" in the issue of Argus International LPG that reports prices effective on that Pricing Date	"NGL-BUTANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG" means that the price for a Pricing Date will be that day's Specified Price per tonne of butane for delivery on the Delivery Date, stated in US Dollars, published under the heading "International comparisons: Saudi Aramco: Butane" in the issue of Argus International LPG that reports prices effective on that Pricing Date	"NGL-BUTANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG" means that the price for a Pricing Date will be that day's Specified Price per tonne of butane for delivery on the Delivery Date, stated in US Dollars, published under the heading "International comparisons: Saudi Aramco: Butane" in the issue of Argus International LPG that reports prices effective on that Pricing Date
b) Ref Price A - Pricing Date 	Each day that prices are reported for the Delivery Date 	Each day that prices are reported for the Delivery Date 	Each day that prices are reported for the Delivery Date
c) Ref Price A - Specified Price 	Price 	Price 	Price
d) Ref Price A - Pricing calendar	Argus International LPG 	Argus International LPG 	Argus International LPG
e) Ref Price A - Delivery Date 	Contract month 	Contract month 	Contract month
Final Payment Date 	Two Clearing House Business Days following the Last Trading Day 	Two Clearing House Business Days following the Last Trading Day 	Two Clearing House Business Days following the Last Trading Day
MIC Code 	IFED 	IFED 	IFED
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	7:50 PM - 6:00 PM*
19:50 - 18:00 	7:40 PM
19:40
Trading Hours 	LONDON 	12:50 AM - 11:00 PM*
00:50 - 23:00 	12:40 AM
00:40
Trading Hours 	SINGAPORE 	8:50 AM - 7:00 AM*
08:50 - 07:00 	8:40 AM
08:40
Trading Hours 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes 	Clearing Admin Name 	NGL Master 	NGL Master
Codes 	Physical 	ABS 	ABS
Codes 	Logical 	ABS 	ABS
Codes 	GMI (FC) 	S2 	S2
Codes 	ION A.C.N. 	None 	None
== Notes ==
==References==
==Resources==
ICE Butane, Argus Saudi CP Product Spec
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