ICE TC5 FFA Arabian Gulf to Japan (Platts) Balmo Future

A balance of the month cash settled freight future based on the Platts index for TC5 - Arabian Gulf to Japan
== Contract Specs ==
TC5 FFA Arabian Gulf to Japan (Platts) Balmo Future	TC5 FFA Arabian Gulf to Japan (Platts) Balmo Future 	TC5 FFA Arabian Gulf to Japan (Platts) Balmo Future 	TC5 FFA Arabian Gulf to Japan (Platts) Balmo Future
Trading Screen Product Name 	Freight Futures (USD) (balmo) 	Freight Futures (USD) (balmo) 	Freight Futures (USD) (balmo)
Trading Screen Hub Name 	TC5 	TC5 	TC5
Contract Symbol 	WNX 	WNX 	WNX
Contract Size 	1,000 metric tonnes 	1,000 metric tonnes 	1,000 metric tonnes
Unit of Trading 	Any multiple of 1,000 metric tonnes 	Any multiple of 1,000 metric tonnes 	Any multiple of 1,000 metric tonnes
Currency 	US Dollars and cents 	US Dollars and cents 	US Dollars and cents
Trading Price 	One cent ($0.01) per metric tonne 	One cent ($0.01) per metric tonne 	One cent ($0.01) per metric tonne
Settlement Price 	One hundredth of one cent ($0.0001) per metric tonne 	One hundredth of one cent ($0.0001) per metric tonne 	One hundredth of one cent ($0.0001) per metric tonne
Minimum Price Fluctuation 	One hundredth of one cent ($0.0001) per metric tonne 	One hundredth of one cent ($0.0001) per metric tonne 	One hundredth of one cent ($0.0001) per metric tonne
Last Trading Day 	Last Trading Day of the contract month 	Last Trading Day of the contract month 	Last Trading Day of the contract month
Floating Price 	In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products. 	In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products. 	In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
Final Settlement 	In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the assessments appearing in the “Platts Clean Tankerwire” under the heading “$/MT Freight Assessments East of Suez” for the AG to Japan 55kt route for each business day (as specified below) in the determination period.	In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the assessments appearing in the “Platts Clean Tankerwire” under the heading “$/MT Freight Assessments East of Suez” for the AG to Japan 55kt route for each business day (as specified below) in the determination period.	In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the assessments appearing in the “Platts Clean Tankerwire” under the heading “$/MT Freight Assessments East of Suez” for the AG to Japan 55kt route for each business day (as specified below) in the determination period.
Contract Series 	Up to 2 consecutive months 	Up to 2 consecutive months 	Up to 2 consecutive months
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
Business Days 	Publication days for Platts Clean Tankerwire 	Publication days for Platts Clean Tankerwire 	Publication days for Platts Clean Tankerwire
MIC Code 	IFEU 	IFEU 	IFEU
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 	7:50 AM - 6:00 AM*
07:50 - 06:00 	7:40 AM
07:40
Trading Hours 	*Next Day 	*Next Day 	*Next Day
Codes 	Clearing Admin Name 	Wet Freight 	Wet Freight
Codes 	Physical 	WNX 	WNX
Codes 	Logical 	WNX 	WNX
Codes 	GMI (FC) 	Q4 	Q4
Codes 	ION A.C.N. 	None 	None
== Notes ==
== References ==
== Resources ==
Category:Sponsored Pages
Category:Sponsored Pages - ICE
Category:Reserved Pages
Category:Reserved Pages - ICE
Category:Futures Contracts Traded on ICE
Category:Futures Data in Template