QUALITY STANDARDS
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In accordance with the regulations of Brent Crude Oil traded on Intercontinental Exchange Futures EU (ICE EU).
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CONTRACT SPECIFICATION
ICE EU Brent Crude Oil
Trading Screen Product Name |
ICE EU Brent Crude Oil |
Commodity Code |
QO |
Contract Size |
1,000 barrels / lot |
Price Quotation |
USD / barrel |
Trading Hours |
Monday - Friday 07:00 A.M - 05:00 A.M (the next day) |
Minimum Price Fluctuation |
0.01 USD / barrels |
Contract Series |
Up to 96 consecutive months |
Delivery Registration Day |
As MXV required |
First Notice Day |
As MXV required |
Last Trading Day |
The last Business Day of the second month preceding the relevant contract month |
Margin |
As MXV required |
Position Limit |
As MXV required |
Settlement Method |
Not deliverable |
Quality Standards |
Standards are detailed below |