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 |
|