Test 7
Test 7 snippet
Med/North Gasoline – SB
The price difference between Gasoline traded in the Mediterranean and Northwest Europe. It’s used by traders to manage exposure to regional pricing shifts and to speculate on changes in the European Gasoline arbitrage.
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 | Med/North Gasoline($/0.01) |
| MT5 Trader Code | Medgas/EBOB.s |
| Contract Classification | Commodity Differential SB |
| Geographical Region | Europe |
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 | Arithmetic mean of Settlement Prices throughout expiry month |