ICE TD22 FFA - US Gulf to China (Baltic) Balmo Future

A balance of the month cash settled freight future based on the Baltic Exchange index for TD22 – VLCC USG/China.
== Contract Specs ==
TD22 FFA - US Gulf to China (Baltic) Balmo Future	TD22 FFA - US Gulf to China (Baltic) Balmo Future 	TD22 FFA - US Gulf to China (Baltic) Balmo Future 	TD22 FFA - US Gulf to China (Baltic) Balmo Future
Trading Screen Product Name 	Freight Futures (USD) (balmo) 	Freight Futures (USD) (balmo) 	Freight Futures (USD) (balmo)
Trading Screen Hub Name 	TD22 	TD22 	TD22
Contract Symbol 	WF3 	WF3 	WF3
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 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
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
Note: the December contract will expire on the 24th of December or the previous business day where the 24th of December is a non-working day. 	Last Trading Day of the contract month
Note: the December contract will expire on the 24th of December or the previous business day where the 24th of December is a non-working day. 	Last Trading Day of the contract month
Note: the December contract will expire on the 24th of December or the previous business day where the 24th of December is a non-working day.
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 as made public by the Baltic Exchange for the relevant 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 as made public by the Baltic Exchange for the relevant 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 as made public by the Baltic Exchange for the relevant 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 Day in the determination period. 	Two Clearing House Business Days following the Last Day in the determination period. 	Two Clearing House Business Days following the Last Day in the determination period.
Business Days 	Publication days for Baltic Exchange 	Publication days for Baltic Exchange 	Publication days for Baltic Exchange
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
Codes 	Clearing Admin Name 	Wet Freight 	Wet Freight
Codes 	Physical 	WF3 	WF3
Codes 	Logical 	WF3 	WF3
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
== Notes ==
== Related Contracts ==
ICE TD22 FFA - US Gulf to China (Baltic) Future
== References ==
== Resources ==
Category:Sponsored Pages
Category:Sponsored Pages - ICE
Category:Reserved Pages
Category:Reserved Pages - ICE
Category:Futures Contracts Traded on ICE
Category:Freight Futures
Category:Futures Data in Template