- Trading Screen Product Name
- Crude Futures
- Trading Screen Hub Name
- Brent CSO 6 Month
- Commodity Code
BRX
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per barrel
- Settlement Price Quotation
One tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per barrel
- Last Trading Day
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.
- Final Settlement
The reference price will be a price in USD and cents per barrel
equal to the difference of the nearby ICE Brent Crude Futures
contract and the contract month expiring 6 calendar months later in
the ICE Brent Crude Futures contract series.
- Contract Series
Up to 6 consecutive 6-month calendar spreads
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for ICE
- MIC Code
- IFEU
- Clearing Venues
- ICEU