Position limits for commodity derivative contracts

We are required to set limits on the maximum size of positions which a person can hold in commodity derivatives. Here we set out these position limits.

We have powers to establish position limits on commodity derivatives.

These limits are specified in the tables below and apply to the positions held by a person together with those held on its behalf at an aggregate group level (subject to the exemption for non-financial entities in regulation 17 of the MiFI Regs and article 8 of UK RTS 21).

The position limits apply subject to the section below on notes applicable to specific contracts.

We explain the terms used in the tables in the 'Notes on the data' section below. For the purposes of this direction, we refer to ‘persons’ as defined in the glossary of definitions in our Handbook.

The position limit exemptions application gateway is open to Non-Financial Entities (NFE). Position limit exemptions for risk-reducing positions are not restricted to a fixed quantity, thereby allowing for future variation in the commercial needs of the NFE. However, if there is a significant change in the commercial and trading activities of the NFE, it will need to submit a new application to the FCA. We ask for a minimum amount of data to understand the NFE’s business so that we can process applications efficiently.

On this page we list the commodity derivative contracts that we have identified as trading on a UK trading venue and their applicable position limits.

These position limits apply to contracts traded on trading venues and their economically equivalent OTC (EEOTC) contracts. The limits are set using the methodology in UK RTS 21.

Each commodity derivative contract has a separate limit for the spot month and other months' periods.

On a case-by-case basis, we will consider any contracts for aggregation, for example when these contracts are based on identical contract specifications. Where individual contracts are aggregated, a single overall limit will apply to the primary contract and incorporate those identified as mini, Balmo (‘Balance of Month’), mini-Balmo or other contracts. The specific contracts to be aggregated are identified in the spreadsheet* by their Venue Product Code (VPC). In performing the aggregation, any positions in mini or mini-Balmo contracts must be converted to match the lot size of the primary contract using the ratio specified in the table.

We may change a position limit if we deem it necessary. If this happens, we’ll show details of the new limit and its effective date in the tables and notes.

Please note that this is not a comprehensive list. Any other commodity derivatives traded on a UK trading venue which are not specifically identified in the tables by their VPC will have a limit of 2,500 lots.

For the avoidance of doubt, whilst a single position limit will apply to all positions in those contracts which are aggregated together, separate position reports are still required for each commodity derivative. This is required for each contract in which a position is held.

Please refer to the notes at the end of the table for further guidance.

Bespoke contracts

Key:

* For the full list of bespoke and de minimis contracts which are aggregated and their VPCs, download the full spreadsheet (XLSX)

Commodity Derivative Name(including associated contracts)

Venue Market Identifier Code (MIC)

Name of Trading Venue

Venue Product Codes (VPC)

Spot month single limit#

Other month limit#

Unit of measurement

Definition of spot month

Singapore Jet Kerosene Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SRS*‡

38,250 (25.0%)

18,350 (30.0%)

Lots

Calendar Month

White Sugar Futures

IFLX

Ice Futures Europe - Agricultural Products Division

W

18,950 (20.0%)

23,300 (25.0%)

Lots

Whole spot month^

Weekly CFD - Dated Brent (Platts) vs Second Month (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFT

27,100 (34.9%)

30,600  (25.0%)

Lots

Calendar Week†

Weekly CFD - Dated Brent (Platts) vs First Month BFOE (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFD

31,000 (40.0%)

70,500 (23.0%)

Lots

Calendar Week†

UK Natural Gas Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

M

60,350 (23.0%)

147,850 (21.5%)

Lots

Calendar Month

UK Feed Wheat Futures

IFLX

Ice Futures Europe - Agricultural Products Division

T

3,600 (24.8%)

3,750 (36.8%)

Lots

Whole spot month^

UK Base Electricity Future (Gregorian)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UBL

TBA

TBA

Lots

Calendar Month

TD3C FFA - Middle East Gulf to China (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TDL*‡

4,300 (25.0%)

21,500 (50.0%)

Lots

Calendar Month

Singapore Mogas 92 Unleaded vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

STB*

25,350 (45.0%) 

25,350 (45.0%)

Lots

Calendar Month

Robusta Coffee Futures

IFLX

Ice Futures Europe - Agricultural Products Division

RC

19,700 (20.0%)

35,800 (25.0%)

Lots

Whole spot month^

Heating Oil Outright - NYH ULSD Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

O62

TBA

TBA

Lots

Calendar Month

Permian West Texas Intermediate (WTI) Crude Oil Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

HOU

TBA

TBA

Lots

Calendar Month

NYH (RBOB) Gasoline Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

N

17,200 (25.0%)

12,250 (33.4%)

Lots

Calendar Month

Naphtha Diff - Naphtha C+F Japan vs Naphtha CIF NWE Cargoes Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JOE*

TBA

TBA

Lots

Calendar Month

Naphtha Crack - Naphtha CIF NWE Cargoes vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NOB*

TBA

TBA

Lots

Calendar Month

Naphtha Crack - Naphtha CIF NWE Cargoes (Platts) vs Brent 1st Line Future (in bbls)*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NBB*

6,850 (25.0%)

9,150 (25.0%)

Lots

Calendar Month

Naphtha CIF NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NEC*‡

TBA

TBA

Lots

Calendar Month

Naphtha - C+F Japan Cargo Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NJC*‡

2,500 (39.9%)

3,050 (24.9%)

Lots

Calendar Month

Monthly CFD - Dated Brent (Platts) Vs First Month BFOE (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFM

26,500 (25.0%)

6,550 (34.9%)

Lots

Calendar Month

Low Sulphur Gasoil Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

G*

58,850 (43.5%)

152,600 (14.5%)

Lots

Calendar Month

WTI Crude Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

T

30,000 (25.0%)

138,100 (17.0%)

Lots

Calendar Month

Heating Oil Outright - NYH ULSHO Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

O67

TBA

TBA

Lots

Calendar Month

Low Sulphur Gasoil 1-Month Calendar Spread Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UUM

TBA

TBA

Lots

Calendar Month

LME HRC NW Europe (Argus)

XLME

The London Metal Exchange

HN

TBA

TBA

Lots

TBA

Crude Outright - Daily BFOET (Platts) M1 Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BF1

TBA

TBA

Lots

Calendar Month

Crude Outright - Daily BFOET (Platts) M2 Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BF2

TBA

TBA

Lots

Calendar Month

Crude Outright - Daily BFOET (Platts) M3 Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BF3

TBA

TBA

Lots

Calendar Month

Gasoline Outright - MTBE FOB Singapore (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGK

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Middle East Jet Kero FOB Arab Gulf (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GCV

TBA

TBA

Lots

Calendar Month

LPG (BLPG3) FFA Houston to Chiba (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFA

TBA

TBA

Lots

Calendar Month

LME Steel Scrap CFR Taiwan (Argus)

XLME

The London Metal Exchange

ST

TBA

TBA

Lots

TBA

LME Steel Scrap CFR India

XLME

The London Metal Exchange

SI

TBA

TBA

Lots

TBA

LME Lithium Hydroxide CIF (Fastmarkets MB)

XLME

The London Metal Exchange

LH

TBA

TBA

Lots

TBA

LME Aluminium UBC Scrap US (Argus)

XLME

The London Metal Exchange

UC

TBA

TBA

Lots

TBA

LME Steel HRC FOB China (Argus)

XLME

The London Metal Exchange

HC

TBA

TBA

Lots

TBA

LME Aluminium Premium Duty Paid European (Fastmarkets MB)

XLME

The London Metal Exchange

ED

TBA

TBA

Lots

TBA

Spark30S Atlantic Sabine Pass to Gate LNG Freight Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

LFI

TBA

TBA

Lots

Calendar Month

Spark25S Pacific NWS to Tianjin LNG Freight Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

LFH

TBA

TBA

Lots

Calendar Month

WIM LNG (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WIM

TBA

TBA

Lots

Calendar Month

UK NBP Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UKD

TBA

TBA

Lots

Calendar Month

Dutch TTF Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TFU

TBA

TBA

Lots

Calendar Month

Primary Aluminium Monthly Average Future

XLME

The London Metal Exchange

OA

TBA

TBA

Lots

TBA

LME Steel Rebar

XLME

The London Metal Exchange

SR

TBA

TBA

Lots

TBA

LME Steel HRC N. America (Platts)

XLME

The London Metal Exchange

HU

TBA

TBA

Lots

TBA

Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULA*

33,850 (25.0%)

24,550 (27.0%)

Lots

Calendar Month

London Cocoa Futures

IFLX

Ice Futures Europe - Agricultural Products Division

C

48,350 (20.0%)

102,550 (25.0%)

Lots

Whole spot month^

API2 Rotterdam Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ATW*

5,550 (24.9%)

38,800 (20.5%)

Lots

Calendar Month

Crude Diff - Urals Med vs Dated Brent CFD Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UCF*

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Fuel Oil 3.5% FOB Rotterdam Barges vs Brent 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BOB

6,400 (24.9%)

11,200 (24.9%)

Lots

Calendar Month

Fuel Oil 380 CST Singapore Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SYS*‡

4,075 (49.8%)

10,050 (22.0%)

Lots

Calendar Month

Fuel Oil 3.5% FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BAR*‡

2,850 (49.8%)

15,400 (20.4%)

Lots

Calendar Month

Dubai 1st Line Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DBI*‡

41,400 (25.0%)

75,800 (25.0%)

Lots

Calendar Month

Diesel Diff - ULSD 10ppm CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULF*

TBA

TBA

Lots

Calendar Month

Diesel Diff - Diesel 10PPM FOB ARA Barges (Platts) vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULE*

TBA

TBA

Lots

Calendar Month

Dated Brent Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PDB*‡

26,500 (25.0%)

73,450 (23.0%)

Lots

Calendar Month

Crude Future - Brent 1-Month Calendar Spread Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BRM

138,950 (25.0%)

115,000 (50.0%)

Lots

Calendar Month

Crude Diff - Urals North vs Dated Brent CFD Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFU*

5,450 (25.0%)

10,900 (49.9%)

Lots

Calendar Month

Crude Diff - Dated Brent vs Dubai 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PDD

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 1% FOB NWE Cargoes vs 3.5% FOB Rotterdam Barges Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FOS*

TBA

TBA

Lots

Calendar Month

Crude Diff - Dated Brent vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DBF*

105,700 (25.0%)

145,950 (25.0%)

Lots

Calendar Month

Crude Diff - CPC Blend CIF MED Cargoes (Platts) vs Dated Brent (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DCR*

TBA

TBA

Lots

Calendar Month

Crude Diff - Brent 1st Line vs Dubai 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BOD*

35,100 (25.0%)

60,750 (25.0%)

Lots

Calendar Month

Brent Crude Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

B

75,000 (13.5%)

294,850 (10.5%)

Lots

Calendar Month

Brent 1st Line Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

I*‡

133,350 (24.0%)

85,300 (28.0%)

Lots

Calendar Month

Biodiesel Diff Argus BioD FAME 0 FOB ARA Range (RED Compliant) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BFZ

TBA

TBA

Lots

Calendar Month

Argus Euro-bob Oxy FOB Rotterdam Barges vs Brent 1st Line Future (in Bbls)*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AEB*

12,950 (24.9%)

23,850 (40.0%)

Lots

Calendar Month

Argus Euro-Bob Oxy FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AEO*‡

4,750 (24.8%)

6,450 (39.9%)

Lots

Calendar Month

API4 Richards Bay Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AFR*

2,425 (24.8%)

4,700 (23.9%)

Lots

Calendar Month

Fuel Oil Crack - Fuel Oil 3.5% FOB Rotterdam Barges vs Brent 1st Line Future (in Bbls)*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BOA*‡

8,000 (24.9%)

22,400 (24.9%)

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 380 CST Singapore vs 3.5% FOB Rotterdam Barges Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SJS*

5,100 (24.8%)

7,000 (24.8%)

Lots

Calendar Month

LME Zinc

XLME

The London Metal Exchange

ZS

7,000 (19.0%)

78,800 (14.5%)

Lots

Other §

JKM LNG (PLATTS) Future (IFEU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JKM

16,550 (25.0%)

26,500 (44.8%)

Lots

Calendar Month

LME Tin

XLME

The London Metal Exchange

SN

1,700 (22.9%)

4,750 (22.3%)

Lots

Other §

LME Steel Scrap

XLME

The London Metal Exchange

SC

TBA

TBA

Lots

Calendar Month

LME Silver

XLME

The London Metal Exchange

AG

TBA

TBA

Lots

Other §

LME Nickel

XLME

The London Metal Exchange

NI

25,150 (20.0%)

80,200 (21.0%)

Lots

Other §

LME Lead

XLME

The London Metal Exchange

PB

4,950 (22.9%)

33,700 (19.5%)

Lots

Other §

LME Gold

XLME

The London Metal Exchange

AU

TBA

TBA

Lots

TBA

LME Copper

XLME

The London Metal Exchange

CA

13,950 (17.0%)

106,900 (18.0%)

Lots

Other §

LME Aluminium

XLME

The London Metal Exchange

AH

47,450 (14.5%)

202,950 (16.5%)

Lots

Other §

Jet Fuel Diff - Singapore Jet Kerosene Cargoes (Platts) vs Singapore Gasoil 0.05% (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SVW*

24,600 (25.0%) 

24,600 (25.0%)

Lots

Calendar Month

Jet Fuel Diff - Jet CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULJ*

5,800 (25.0%)

5,800 (25.0%)

Lots

Calendar Month

Gasoil Crack - Low Sulphur Gasoil 1st Line vs Brent 1st Line Future (in Bbls)*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULD*‡

52,100 (25.0%)

91,700 (35.0%)

Lots

Calendar Month

Heating Oil Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

O

20,800 (25.0%)

15,350 (44.5%)

Lots

Calendar Month

globalCOAL Newcastle Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NCF*

2,700 (24.8%)

11,700 (22.5%)

Lots

Calendar Month

Gasoline Diff - Singapore Mogas 95 Unleaded vs Singapore Mogas 92 Unleaded Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMD

6,050 (34.9%)

6,050 (34.9%)

Lots

Calendar Month

Gasoline Diff - Singapore Mogas 92 Unleaded (Platts) vs Argus Eurobob Oxy FOB Rotterdam Barges Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GDK

14,900 (24.9%)

23,850 (40.0%)

Lots

Calendar Month

Gasoline - Singapore Mogas 92 Unleaded (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMT*‡

41,050 (25.0%)

39,400 (41.0%)

Lots

Calendar Month

Gasoil Outright - Singapore Gasoil 0.05% (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SWS*‡

62,800 (35.0%)

51,800 (25.0%)

Lots

Calendar Month

Gasoil Diff - Singapore Gasoil 0.05% (Platts) vs Low Sulphur Gasoil 1st Line Future (in Bbls) *

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SWW*

37,500 (25.0%)

45,650 (25.0%)

Lots

Calendar Month

Gasoil Diff - Singapore Gasoil (Platts) vs Singapore Gasoil 0.05% (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GSW*

10,200 (25.0%)

14,300 (35.0%)

Lots

Calendar Month

Gasoil Crack - Singapore Gasoil 0.05% (Platts) vs Dubai 1st Line (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SFG*

TBA

TBA

Lots

Calendar Month

Wet Freight - TC18 FFA - US Gulf to Brazil (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFB

TBA

TBA

Lots

Calendar Month

Dirty FFA - Cross-UKC (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFG

TBA

TBA

Lots

Calendar Month

E10 Eurobob FOB Rotterdam Barges (Platts) vs Brent 1st Line Future (in Bbls)¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFE

TBA

TBA

Lots

Calendar Month

Marine Fuel 0.5% CIF Med Cargoes (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MGX

TBA

TBA

Lots

Calendar Month

Marine Fuel 0.5% FOB Med Cargoes (Platts) vs Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MDK

TBA

TBA

Lots

Calendar Month

Crude Diff - Daily WTI Midland (DAP Augusta) (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGH

TBA

TBA

Lots

Calendar Month

Crude Diff - Daily WTI Midland (DAP Rotterdam) (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGG

TBA

TBA

Lots

Calendar Month

Crude Diff - WTI Midland (DAP Augusta) (Platts) vs Dated Brent (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGE

TBA

TBA

Lots

Calendar Month

Crude Diff - WTI Midland (DAP Augusta) (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGD

TBA

TBA

Lots

Calendar Month

Crude Diff - WTI Midland (DAP Rotterdam) (Platts) vs Dated Brent (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGC

TBA

TBA

Lots

Calendar Month

Crude Outright - Brent Singapore Marker 1st Line Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BSG

TBA

TBA

Lots

Calendar Month

Crude Outright - Brent Singapore Marker 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BSF

TBA

TBA

Lots

Calendar Month

Crude Outright - CPC Blend CIF (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFJ

TBA

TBA

Lots

Calendar Month

Crude Outright - CPC Blend CIF (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFI

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Future (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFR

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Future (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFT

TBA

TBA

Lots

Calendar Month

Crude Outright - ICE WTI Crude Oil Last Day Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WLD

TBA

TBA

Lots

Calendar Month

Gasoline Outright - ICE (RBOB) Gasoline Last Day Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NLD

TBA

TBA

Lots

Calendar Month

Heating Oil Outright - ICE (NYH) Heating Oil Last Day Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OLD

TBA

TBA

Lots

Calendar Month

TTF 1st Line (USD/MMBtu) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TFU

TBA

TBA

Lots

Calendar Month

Jet CIF NWE CG Option

TCDS

Tradition OTF

1000051

TBA

TBA

MT

Calendar Month

Jet CIF NWE CG vs LS Gasoil Option

TCDS

Tradition OTF

2000104

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG Option

TCDS

Tradition OTF

1004278

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG vs LS Gasoil Option

TCDS

Tradition OTF

2001113

TBA

TBA

MT

Calendar Month

Jet CIF NWE CG

TCDS

Tradition OTF

1000050

TBA

TBA

MT

Calendar Month

Jet CIF NWE CG vs LS Gasoil

TCDS

Tradition OTF

2000049

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG

TCDS

Tradition OTF

1002173

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG vs LS Gasoil

TCDS

Tradition OTF

50000028

TBA

TBA

MT

Calendar Month

PetChem Outright - Paraxylene CFR Taiwan/China (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PCA

TBA

TBA

Lots

Calendar Month

PetChem Diff- Paraxylene CFR Taiwan/China (Platts) vs Naphtha C+F Japan Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PCB

TBA

TBA

Lots

Calendar Month

Gasoline Crack - Singapore Mogas 92 Unleaded (Platts) vs Dubai 1st Line (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNQ

TBA

TBA

Lots

Calendar Month

Gasoline Crack Option - Singapore Mogas 92 Unleaded (Platts) vs Dubai 1st Line (Platts) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNQ

TBA

TBA

Lots

Calendar Month

Biodiesel Diff - Argus Biodiesel FAME -10 FOB ARA Range (RED Compliant) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNS

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Low Sulphur Gasoil 1st Line Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNT

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Singapore (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNU

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNV

TBA

TBA

Lots

Calendar Month

Gasoline Outright Option - Singapore Mogas 92 Unleaded (Platts) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMT

TBA

TBA

Lots

Calendar Month

Gasoline Crack Option - Singapore Mogas 92 Unleaded (Platts) vs Brent 1st Line Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

STB

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFY

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Singapore (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFZ

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Fuel Oil 3.5% FOB Rotterdam Barges (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNW

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Fuel Oil 380 CST Singapore (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNX

TBA

TBA

Lots

Calendar Month

Diesel Outright – ULSD 10PPM CIF NWE (Restricted Origin) Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDU

TBA

TBA

Lots

Calendar Month

Diesel Diff – ULSD 10PPM CIF NWE (Restricted Origin) Cargoes (Platts) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDV

TBA

TBA

Lots

Calendar Month

Diesel Outright – Diesel 10PPM CIF NWE (Le Havre) (Restricted Origin) Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDW

TBA

TBA

Lots

Calendar Month

Diesel Diff – Diesel 10PPM CIF NWE (Le Havre) (Restricted Origin) Cargoes (Platts) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDX

TBA

TBA

Lots

Calendar Month

Diesel Outright – Diesel 10PPM UK CIF NWE (Restricted Origin) Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDY

TBA

TBA

Lots

Calendar Month

Diesel Diff – Diesel 10PPM UK CIF NWE (Restricted Origin) Cargoes (Platts) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDZ

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Future (in MTs)¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEN

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Future (in MTs

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEO

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack – Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Average Price Option (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFT

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack – Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Average Price Option (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFR

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 380 CST Singapore (Platts) vs 3.5% FOB Rotterdam Barges (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEY

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 180 CST Singapore (Platts) vs 380 CST Singapore (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEZ

TBA

TBA

Lots

Calendar Month

Diesel Crack - Diesel 10ppm FOB ARA Barges (Platts) vs Brent 1st Line Future (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEP

TBA

TBA

Lots

Calendar Month

Diesel Outright - ULSD 10ppm FOB Med Cargoes (Platts) Balmo Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEW

TBA

TBA

Lots

Calendar Month

Diesel Outright - ULSD 10ppm CIF Med Cargoes (Platts) Balmo Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEX

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Middle East Gasoil FOB Arab Gulf (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEV

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Singapore Gasoil (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GSR

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Low Sulphur Gasoil Micro Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNT

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Jet CIF NWE Cargoes (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JCM

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Singapore Jet Kerosene (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

RSM

TBA

TBA

Lots

Calendar Month

Biodiesel Diff - Argus HVO FOB ARA Range (Class II) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

HVO

TBA

TBA

Lots

Calendar Month

Biodiesel Outright - Argus HVO FOB ARA Range (Class II) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BDA

TBA

TBA

Lots

Calendar Month

Biodiesel Outright - Argus UCOME FOB ARA Range (Red Compliant) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BDB

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Argus Eurobob Non-Oxy FOB Rotterdam Barges Mini Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEQ

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Argus Eurobob Non-Oxy FOB Rotterdam Barges Balmo Mini Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TER

TBA

TBA

Lots

Calendar Month

Gasoline Crack - Argus Eurobob Non-Oxy FOB Rotterdam Barges vs Brent 1st Line Future (in MTs)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TET

TBA

TBA

Lots

Calendar Month

Gasoline Diff - Premium Unleaded Gasoline 10ppm FOB Med Cargoes (Platts) vs Argus Eurobob Non-Oxy FOB Rotterdam Barges Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TES

TBA

TBA

Lots

Calendar Month

Gasoline Diff - Argus Eurobob Non-Oxy FOB Rotterdam Barges vs Naphtha CIF NWE Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEU

TBA

TBA

Lots

Calendar Month

Naphtha Crack - Naphtha CIF NWE Cargoes (Platts) vs Brent 1st Line Average Price Option (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NBB

TBA

TBA

Lots

Calendar Month

Clean FFA - Arab Gulf to Japan (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCY

TBA

TBA

Lots

Calendar Month

TC17 FFA - Arab Gulf to East Africa (Baltic) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCX

TBA

TBA

Lots

Calendar Month

TC18 FFA - US Gulf to Brazil (Baltic) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCW

TBA

TBA

Lots

Calendar Month

LPG (BLPG) FFA - Middle East Gulf to East 44,000 Mts (Baltic) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAT

TBA

TBA

Lots

Calendar Month

TD20 FFA - West Africa to UK Continent (Baltic) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAC

TBA

TBA

Lots

Calendar Month

ITALY FIN PEAK (08-20) / Swiss Peak

TCDS

Tradition OTF

601841

TBA

TBA

Lots

Calendar Month

France Financial BSLD

TCDS

Tradition OTF

601469

TBA

TBA

Lots

Calendar Month

France Financial Peak

TCDS

Tradition OTF

601473

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2017-2021 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2018-2022 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVB

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2019-2023 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVC

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2020-2024 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVD

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2021-2025 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVE

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2022-2026 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVF

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2023-2027 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVG

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2024-2028 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVH

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2025-2029 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVI

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2026-2030 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVJ

TBA

TBA

Lots

Calendar Month

UK Carbon Emissions Allowances (“UKA”) Options Contract

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UKA

TBA

TBA

Lots

Calendar Month

Crude Outright – Johan Sverdrup (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSF

TBA

TBA

Lots

Calendar Month

Crude Outright – Johan Sverdrup (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSB

TBA

TBA

Lots

Calendar Month

Crude Diff – Johan Sverdrup (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSC

TBA

TBA

Lots

Calendar Month

Crude Diff – Johan Sverdrup (Platts) vs Dated Brent (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSD

TBA

TBA

Lots

Calendar Month

Gasoil Outright – Gasoil 0.1% FOB ARA Barges (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

THK

TBA

TBA

Lots

Calendar Month

TC11 FFA - South Korea to Singapore (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAK

TBA

TBA

Lots

Calendar Month

French PEG Natural Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PEJ

TBA

TBA

Lots

Calendar Month

German THE Natural Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

THE

TBA

TBA

Lots

Calendar Month

Italian PSV Natural Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PSV

TBA

TBA

Lots

Calendar Month

NWE LNG (Spark) Futures Contract

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NWL

TBA

TBA

Lots

Calendar Month

SWE LNG (Spark) Futures Contract

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SWL

TBA

TBA

Lots

Calendar Month

Ammonia Outright – Argus Ammonia NWE CFR Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AOA

TBA

TBA

Lots

Calendar Month

TC20 FFA - Middle East Gulf to UK-Continent (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAL

TBA

TBA

Lots

Calendar Month

TC20 FFA - Middle East Gulf to UK-Continent (Baltic) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAM

TBA

TBA

Lots

Calendar Month

Dutch TTF Natural Gas Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TFN

23,423 (10.0%)

138,719 (10.0%)

Lots

Calendar Month

Crude Outright - Brent Singapore Marker Penultimate Day 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BSA

TBA

TBA

Lots

Calendar Month

Naphtha Outright - Middle East Naphtha FOB Arab Gulf (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NOI

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2016-2020 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NBT

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Marine Fuel 0.5% FOB Med Cargoes (Platts) vs Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHA

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Middle East Fuel Oil 380 CST FOB Arab Gulf (Platts) vs Fuel Oil 380 CST Singapore (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHB

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Middle East Fuel Oil 380 CST FOB Arab Gulf (Platts) vs Brent 1st Line Future (in MTs)¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHC

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Middle East Fuel Oil 180 CST FOB Arab Gulf (Platts) vs Brent 1st Line Future (in MTs)¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHD

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Balmo Future (in MTs)^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHE

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Balmo Future (in MTs)^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHF

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Middle East Jet Kero FOB Arab Gulf (Platts) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHG

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Middle East Jet Kero FOB Arab Gulf (Platts) Balmo Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHH

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Eurobob Non Oxy Gasoline NWE FOB Barges (GX) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHI

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Eurobob Non Oxy Gasoline NWE FOB Barges (GX) Balmo Mini Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHJ

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Eurobob Non Oxy Gasoline NWE FOB Barges (GX) Mini Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHK

TBA

TBA

Lots

Calendar Month

Wet Freight - Dirty FFA - Daily Cross-UKC (Platts) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFJ

TBA

TBA

Lots

Calendar Month

Wet Freight - Dirty FFA - Cross-UKC (Platts) Balmo Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFK

TBA

TBA

Lots

Calendar Month

Wet Freight - TC23 FFA - ARA to UK-Continent (Baltic) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFL

TBA

TBA

Lots

Calendar Month

Wet Freight - TC23 FFA - ARA to UK-Continent (Baltic) Balmo Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFM

TBA

TBA

Lots

Calendar Month

Gasoline Diff - Argus Eurobob Non-Oxy FOB Rotterdam Barges vs Argus Eurobob Oxy FOB Rotterdam Barges Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AEL

TBA

TBA

Lots

Calendar Month

Argus Eurobob Oxy FOB Rotterdam Barges Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AOM

TBA

TBA

Lots

Calendar Month

Gasoline Diff - Premium Unleaded Gasoline 10ppm FOB Med Cargoes (Platts) vs Argus Eurobob Oxy FOB Rotterdam Barges Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GDA

TBA

TBA

Lots

Calendar Month

Light Ends Diff - Argus Eurobob Oxy FOB Rotterdam Barges vs Naphtha CIF NWE Cargoes (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

EOO

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Middle East Fuel Oil 380 CST FOB Arab Gulf (Platts) Balmo Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NPC

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Middle East 500 ppm Gasoil FOB Fujairah (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NPE

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Middle East Mogas 92 FOB Arab Gulf (Platts) Balmo Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NPD

TBA

TBA

Lots

Calendar Month

Naphtha Outright - Middle East Naphtha FOB Arab Gulf (Platts) Balmo Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NPB

TBA

TBA

Lots

Calendar Month

Naphtha Outright - Middle East Naphtha FOB Arab Gulf (Platts) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NPA

TBA

TBA

Lots

Calendar Month

Biodiesel Outright - Argus Biodiesel FAME Zero FOB ARA Range (RED Compliant) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FAZ

TBA

TBA

Lots

Calendar Month

Biodiesel Outright - Argus Biodiesel RME FOB ARA Range (RED Compliant) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FAR

TBA

TBA

Lots

Calendar Month

Wet Freight - Dirty FFA - USGC to UK Continent VLCC (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WHH

TBA

TBA

Lots

Calendar Month

Wet Freight - Daily - Dirty FFA - USGC to UK Continent VLCC (Platts) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WHI

TBA

TBA

Lots

Calendar Month

Wet Freight - Daily - TD22 FFA - US Gulf to China (Baltic) Mini Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WHG

TBA

TBA

Lots

Calendar Month

Wet Freight - LPG (BLPG2) FFA Houston to Flushing (Baltic) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WHF

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Middle East Fuel Oil 380 CST FOB Arab Gulf (Platts) vs Fuel Oil 380 CST Singapore (Platts) Balmo Future^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHR

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Middle East Fuel Oil 380 CST FOB Arab Gulf (Platts) vs Brent 1st Line Balmo Future (in MT)^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHS

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Middle East Fuel Oil 180 CST FOB Arab Gulf (Platts) vs Brent 1st Line Balmo Future (in MT)^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHT

TBA

TBA

Lots

Calendar Month

Gasoline Crack - Argus Eurobob Non-Oxy FOB Rotterdam Barges vs Brent 1st Line Mini Future (in Bbls)^

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MHU

TBA

TBA

Lots

Calendar Month

Ammonia Outright - Ammonia CFR NWE (Weekly) (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AOC

TBA

TBA

Lots

Calendar Month

Methanol Outright - Methanol T2 FOB Rotterdam (ICIS) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BMN

TBA

TBA

Lots

Calendar Month

De minimis contracts which must be aggregated

A consistent application of UK RTS 21 must be applied by position holders to those contracts which fall into the de minimis regime which applies to new and illiquid contracts that do not reach a minimum level of open interest over a consecutive 3-month period. It is necessary to aggregate together positions in those contracts in the same manner as those on which a position limit has been set in the table for bespoke contracts.

The table below lists the de minimis contracts which should be aggregated together for the purpose of calculating a person’s position and determining whether the de minimis limit of 2,500 lots is complied with.

Key:

* * For the full list of bespoke and de minimis contracts which are aggregated and their VPCs, download the full spreadsheet (XLSX)

Commodity Derivative Name

Venue Market Identifier Code (MIC)

Name of Trading Venue

Venue Product Codes (VPC)

Spot month single limit#

Other month limit#

Unit of measurement

Definition of spot month

Singapore Naphtha Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NPT*‡

2,500

2,500

Lots

Calendar Month

Gasoline Diff - Premium Unleaded Gasoline 10ppm FOB Med Cargoes (Platts) vs Argus Eurobob Oxy FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GDE*‡

2,500

2,500

Lots

Calendar Month

Gasoline Outright - Premium Unleaded Gasoline 10ppm FOB Rotterdam Barges (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GDI*

2,500

2,500

Lots

Calendar Month

Indo sub-bit. Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SUB*

2,500

2,500

Lots

Calendar Month

Iron Ore 62% FE (TSI), CFR Tianjin Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

IOC*

2,500

2,500

Lots

Calendar Month

Jet CIF NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JCN*‡

2,500

2,500

Lots

Calendar Month

Jet Fuel Crack - Jet CIF NWE Cargoes vs Brent 1st Line Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JNB*‡

2,500

2,500

Lots

Calendar Month

Jet Fuel Diff - Jet FOB Rotterdam Barges vs Jet CIF NWE Cargoes Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JRJ*

2,500

2,500

Lots

Calendar Month

Jet Fuel Outright - Jet FOB MED Cargoes (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JCP*‡

2,500

2,500

Lots

Calendar Month

LPG (BLGP) FFA - Middle East Gulf to East 44,000Mts (Baltic) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAT*

2,500

2,500

Lots

Calendar Month

Naphtha Crack - Naphtha C+F Japan (Platts) vs Brent 1st Line Future (in Bbls)*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NBG*

2,500

2,500

Lots

Calendar Month

Naphtha FOB Med Cargoes (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NIT*‡

2,500

2,500

Lots

Calendar Month

Premium Unleaded Gasoline 10ppm FOB Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UCB*‡

2,500

2,500

Lots

Calendar Month

Singapore Mogas 95 Unleaded (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMF*‡

2,500

2,500

Lots

Calendar Month

TC12 FFA - WCI to Japan (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCN*‡

2,500

2,500

Lots

Calendar Month

Gasoline - Singapore Mogas 97 Unleaded (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMS*‡

2,500

2,500

Lots

Calendar Month

TC14 FFA - USGC to Continent (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WCN*‡

2,500

2,500

Lots

Calendar Month

TC15 FFA - Med to Far East (Baltic) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCM*

2,500

2,500

Lots

Calendar Month

TC2 FFA - Northwest Europe to USAC (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WNU*‡

2,500

2,500

Lots

Calendar Month

TC5 FFA - Arabian Gulf to Japan (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WMJ*‡

2,500

2,500

Lots

Calendar Month

TC6 FFA - Skikda to Lavera (Cross Med) (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WSL*‡

2,500

2,500

Lots

Calendar Month

TC7 FFA-Singapore to EC Australia (Baltic) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TC7*

2,500

2,500

Lots

Calendar Month

TC9 FFA - Baltic to UK-Continent (Baltic) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TC9*

2,500

2,500

Lots

Calendar Month

TD19 Cross Med (Ceyhan to Lavera) (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WCL*‡

2,500

2,500

Lots

Calendar Month

TD20 West Africa to UK-Continent (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAC*‡

2,500

2,500

Lots

Calendar Month

TD7 FFA UK North Sea to Continent (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WNC*‡

2,500

2,500

Lots

Calendar Month

TD8 FFA - Kuwait to Singapore (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TDK*‡

2,500

2,500

Lots

Calendar Month

TD9 FFA - Caribbean to US Gulf (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WDC*‡

2,500

2,500

Lots

Calendar Month

ULSD 10ppm CIF Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UCM*‡

2,500

2,500

Lots

Calendar Month

Gasoline Crack - Argus Euro-Bob Oxy FOB Rotterdam Barges vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

EOB*

2,500

2,500

Lots

Calendar Month

Gasoil Outright - Middle East Gasoil FOB Arab Gulf (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GCQ*

2,500

2,500

Lots

Calendar Month

Argus Euro-BOB OXY FOB Rotterdam Barges VS Platts Naphtha CIF NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

EON*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil 3.5% FOB Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FOM*‡

2,500

2,500

Lots

Calendar Month

Biodiesel Outright - Soybean Oil Penultimate Day 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SOY*

2,500

2,500

Lots

Calendar Month

Diesel Crack - ULSD 10ppm CIF NWE Cargoes vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UBN*

2,500

2,500

Lots

Calendar Month

Diesel Diff - Diesel 10ppm (UK) CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULU*

2,500

2,500

Lots

Calendar Month

Diesel Diff - Diesel 10ppm CIF NWE (Le Havre) Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULG*

2,500

2,500

Lots

Calendar Month

Diesel Diff - ULSD 10ppm CIF Med Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULI*

2,500

2,500

Lots

Calendar Month

Diesel Outright - Diesel 10PPM FOB ARA Barges (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DOR*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil - 3.5% CIF MED Cargoes Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CIM*

2,500

2,500

Lots

Calendar Month

Fuel Oil 1% CIF Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CIF*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil 1% CIF NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CID*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil 1% FOB Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OPM*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil 1% FOB NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CAR*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil 1% FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FOB*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil 180 CST Singapore Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SZS*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 1% FOB Rotterdam Barges vs 1% FOB NWE Cargoes Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FBC*

2,500

2,500

Lots

Calendar Month

Gasoil Outright - Gasoil 0.1% FOB ARA Barges (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GOF*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 180 CST Singapore vs 3.5% FOB Rotterdam Barges Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SFS*

2,500

2,500

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 180 CST Singapore vs 380 CST Singapore Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

STS*

2,500

2,500

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 3.5% FOB Med Cargoes vs 3.5% FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NVS*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil Outright - Middle East Fuel Oil 180 CST FOB Arab Gulf (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MEA*‡

2,500

2,500

Lots

Calendar Month

Fuel Oil Outright- Middle East Fuel Oil 380 CST FOB Arab Gulf (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ME2*‡

2,500

2,500

Lots

Calendar Month

Gasoil 0.1% CIF Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GCM*‡

2,500

2,500

Lots

Calendar Month

Gasoil 0.1% CIF NWE Cargoes Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GCW*

2,500

2,500

Lots

Calendar Month

Gasoil 0.1% FOB Med Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GOM*‡

2,500

2,500

Lots

Calendar Month

Gasoil 50ppm FOB Rotterdam Barges Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GSA*

2,500

2,500

Lots

Calendar Month

Gasoil Crack - Low Sulphur Gasoil 1st Line vs Brent 1st Line Future (in MTs)*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULC*

2,500

2,500

Lots

Calendar Month

Gasoil Diff - Gasoil 0.1% CIF Med Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULQ*

2,500

2,500

Lots

Calendar Month

Gasoil Diff - Gasoil 0.1% CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULT*

2,500

2,500

Lots

Calendar Month

Gasoil Diff - Gasoil 0.1% FOB ARA Barges (Platts) vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULR*

2,500

2,500

Lots

Calendar Month

ULSD 10ppm CIF NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULN*‡

2,500

2,500

Lots

Calendar Month

Notes on the data

  • All Position Limits apply with immediate effect unless otherwise stated.
  • References to ‘trading venue’ encompass UK regulated markets, UK MTFs and UK OTFs, as defined under UK MiFIR.
  • 'Definition of spot month' states the basis by which you determine whether the spot month or the other months’ limit applies to a position. The spot month limit applies to all positions covered by the spot month definition. It will usually be the 'next expiring contract' which will be determined by the contract specification published by the trading venue. Exceptions to this are explained in the table.
  • TBA (to be announced) indicates a position limit is yet to be set. 
  • ^ 'Whole spot month' is the full period until the next expiry date as stated in the contract specification, eg 2 or 3 calendar months.
  • § 'Other' is the spot month period until the date of the next ‘Third Wednesday’ according to market practice of the London Metal Exchange.
  • # the limit is stated in the quantity of the relevant unit of measurement of the primary contract. This is usually in the number of lots. It is also stated (in brackets) as a percentage of the position limit’s baseline. The baseline is the quantity specific to the contract from which the limit is calculated. This will be either deliverable supply or open interest, following UK RTS 21.
  • † 'Calendar Week' is the full period of five sequential daily contracts until the next expiry date as stated in the contract specification.
  • ‡ Conversion will be needed for contracts which are either Mini or Mini Balmo with a factor of 10 to match the primary contract.
  • ## Position to be reported in Lots.

To apply the limits in a standardised way, where a ‘mini’ contract or other contract expressed in different units is aggregated, the position in those contracts must be converted into units of the primary contract to see if the limit is breached. The primary contract is the one whose VPC is listed first in the table under the column headed ‘Commodity Derivative Name (including associated contracts)’.

  • Non-Financial Entities that have been given an exemption under Article 8 of UK RTS 21 and regulation 17 of the MiFI Regulations 2017 will have it applied by us to the specific contracts which were listed in their exemption application.
  • If you would like further information on the position limit regime, you can contact the relevant trading venue for assistance.
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