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Fuel Oil Single contracts now available for clearing

Oslo, 14 Mar 12

NOS Clearing is pleased to add Fuel Oil Single contracts to our Fuel Oil offering. The single futures contracts are available for all our existing Fuel Oil products and will be traded in lot sizes of just one ton, to accommodate for smaller players and avoiding trading in decimal lots.
 

Products:
- RDM35FOSS, Fuel Oil 3.5% FOB Barges Rotterdam
- NWE10FOSS, Fuel Oil 1% FOB Cargoes NEW
- SPO180FOSS, Fuel Oil 180 CST FOB Cargoes Singapore
- SPO380FOSS, Fuel Oil 380 CST FOB Cargoes Singapore
- MED35FOSS, Fuel Oil 3,5% FOB Cargoes Mediterranean
 

Settlemet index:         Platts
Settlement Period:    Average of all Platts index days in the delivery period
Clearing Fee:               3 c/t

Full Product Specification is available in Appendix 5, annex 5E, to the Rulebook.

Hanne B. Johansson, Vice President
NOS Clearing ASA
+47 23 25 93 20
operations@nosclearing.com
 

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© NOS Clearing ASA, Visiting address: Karenslyst AllĂ© 53, 0279, Oslo, Norway P.O. Box 443, 0213, Oslo, Norway - Tel: (+47) 67 10 85 10- Fax (+47) 67 52 81 05  Terms of use

A Company in the Nasdaq OMX Group Inc.