| Exchange |
Shanghai Futures Exchange (SHFE) |
| Type |
Energy |
| Underlying |
Fuel Oil |
| Currency |
Renminbi (RMB) |
| Contract Size |
10 Tonnes |
| Tick Size |
1.0 Yuan per tonne |
| Tick Value |
10 RMB |
| Pre-Open 1 |
|
| Trading Session 1 |
09:00- 11:30 |
| Pre-Open 2 |
|
| Trading Session 2 |
13:30 – 15:00 |
| Pre-Open T+1 |
No T+1 Session |
| Trading Session T+1 |
No T+1 Session |
| Last Trading Day |
The last trading day of the month before the spot month |
| Last Delivery Day |
Five consecutive business days after the last trading day |
| Final Settlement Price |
|
| Settlement Type |
Physical |
| Deliverable Grade |
Fuel oil,180CST or higher standard |
| Delivery Location |
The Warehouses Appointed by the Shanghai Futures Exchange |
| Contract Months |
12 months of the year |
| First Trading Day |
|
| Position Limit |
|
| Initial Margin (outright) |
8% of the Contract Value |
| Maintenance Margin (outright) |
8% of the Contract Value |
| Clearinghouse Margin (outright) |
|
| Listed Spread |
No |
| Initial Margin (spread) |
|
| Maintenance Margin (spread) |
|
| Clearinghouse Margin (spread) |
|
| Daily Price Limit |
Within range of 5% above or below the settlement price of the previous trading day |
| Options |
No |
| Exchange Symbol |
FU |
| Reuters Symbol |
|
| Bloomberg Symbol |
|
| ISIN Symbol |
|
| SEDOL |
|
| Notes |
|
