ICE Futures Europe

Aug 21, 2017

Bitumen Outright - Argus ABX1 Bitumen Future

Contract Specifications

A monthly cash settled future based on the weekly assessment price for
Description
Argus ABX1 FOB Singapore Asphalt.

Contract Symbol AB1

Contract Size 100 metric tonnes

Units of Trading Any multiple of 100 tonnes

Currency US Dollars and cents

Trading Price Quotation One cent ($0.01) per metric tonne

Settlement Price Quotation One cent ($0.01) per metric tonne

Minimum Price Flux One cent ($0.01) per metric tonne

Last Friday of the contract month (or the preceding business day if the last
Last Trading Day
Friday of the contract month is not a business day).

In respect of daily settlement, the Floating Price will be determined by ICE

Floating Price using price data from a number of sources including spot, forward and
derivative markets for both physical and financial products.

In respect of final settlement, the Floating price will be a price in USD and
cents per metric tonne based on the mean of the assessments appearing in
Final Settlement Price
the Argus Asian Bitumen Index under the heading Asphalt and Index for
ABX 1 fob Singapore for each week in the determination period.

Contract Series Up to 9 consecutive months

ICE Help Desk: Atlanta + 1 770 738 2101, London + 44 (0)20 7488 5100 or ICEHelpdesk@theice.com
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Contract Specifications

Final Payment Date Two Clearing House Business Days following the Last Trading Day

Business Days Publication days for Argus Asian Bitumen Index Report

ICE Help Desk: Atlanta + 1 770 738 2101, London + 44 (0)20 7488 5100 or ICEHelpdesk@theice.com
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