CONTRACT

 

Contract Code

FO

Contract Size

10MT / Contract

Quote Currency

USD

Minimum Price Fluctuation

US$0.10 / MT

Trading Hours

 

 

Singapore time trading sessions: Singapore Business Days
Monday – Friday, Excluding Singapore public holidays
09:00am – 12:30pm (Morning Session/2nd Session)
13:30pm – 18:00pm (Afternoon Session/3rd Session)
20:55pm – 20:59pm (Pre-opening Session of the next Trading Day)
20:59pm – 21:00pm (Opening Match Session of the next Trading Day)
21:00pm – 23:00pm (Night Session/1st Session of the next Trading Day)
Trading of a Contract shall cease at 18:00pm on its Last Trading Day

Daily Price Limit

+/-10% of Last Settlement Price
There shall be no Daily Price Limit in force for a Contract on its Last Trading Day (including the Night Session)

Contract Series

Monthly Contracts (12 consecutive months Contracts)

Last Trading Day

The last Business Day of the Front Contract Month

Delivery Method

Physically delivered at APEX Approved Fuel Oil Warehouses

Minimum Deliverable Size

1 Contract (i.e. 10 MT)

Initial Margin

Based on SPAN (Click to see Margin Schedule)

Maximum Order Size

500 Contracts per order

 

 

APEX FUEL OIL Contract Specifications

 

APEX Fuel Oil Futures Contract Specifications.pdf

ANNEX A APEX APPROVED WAREHOUSES

ANNEX B NOTICE OF DELIVERY

ANNEX C NOTICE OF AFOWR ASSIGNMENT RESULTS

ANNEX D APPLICATION FOR LOAD-IN LOAD-OUT

ANNEX E APEX APPROVED SURVEYORS

ANNEX F AFOWR MANAGEMENT PROCEDURES

ANNEX G EFP APPLICATION FORM