Test 7
Test 7 snippet
C3 FEI Spread – SB
The Far East Index Propane swap time spread is a financial instrument that allows market participants to manage their exposure to Propane prices in the Asian market across two months. It allows traders to hedge or speculate on Far East Propane price structure over time.
Contract Details
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | C3 FEI Spread($/0.01) |
| MT5 Trader Code | C3_FEI_Sprd.s |
| Contract Classification | Commodity Time-Spread SB |
| Geographical Region | Asia |
Contract Specification
| Sector | Energy |
| Tenor Period | Consecutive individual whole calendar months, e.g. April 26 (Apr 26) |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 100 |
| Contract Unit | |
| Price Digits | 2 |
| Currency | |
| Value of Tick | 1 per 0.01 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 29 May 2026 for May 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 22 May 2026 for May 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 8:00am - 5:30pm (UK Time) |
| Quoting Hours | 8:00am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Positions held into pricing month will be split into the constituent legs and then follow the settlement methodology for Outrights. i.e. Arithmetic mean of Settlement Prices throughout expiry month. |