Mediterranean Gasoline
The price of Gasoline traded in the Mediterranean region, a major hub for European fuel markets. It's used by traders to hedge or speculate on price movements in this regions Gasoline market.
Contract Details
Contract for Difference
Spread Bet
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 | Mediterranean Gasoline(100mt-$/mt) |
| MT5 Trader Code | Medgas |
| Flux Terminal Code | medgas |
| Contract Classification | Commodity CFD |
| Geographical Region | Europe |
Contract Specification
| Sector | Energy |
| Product Group | |
| Tenor Period | Consecutive individual whole calendar months, e.g. Jan 25 |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 100 |
| Contract Unit | mt |
| Trading Price Quote | $/mt |
| Price Digits | 2 |
| Currency | USD |
| Tick Value | 1 |
| Tick Size | 0.01 |
| Minimum Volume | 0.1 |
| Volume Steps [Lots] | 0.01 |
| Settlement | Arithmetic mean of Settlement Prices throughout expiry month |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 31 January 2025 for Jan 25 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 24 January 2025 for Jan 25 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 8:00am - 5:30pm |
| Quoting Hours | 8:00am - 6:00pm |
Tenor Period Settlement Valuation Process
| Daily Settlement Value | Market-on-Close – The daily assessment settlement time, e.g. 4:30 pm for European contracts |
| Final Settlement Price | Arithmetic mean of Settlement Prices throughout expiry month |
A spread bet is a form of wagering on the price movement of an asset, where the trader bets on whether the price will rise or fall. The profit or loss is determined by the difference between the opening and closing prices.
Name & Trade Code
| Contract Name | Mediterranean Gasoline($/0.01) |
| MT5 Trader Code | Medgas.s |
| Flux Terminal Code | |
| Contract Classification | Commodity SB |
| Geographical Region | Europe |
Contract Specification
| Sector | Energy |
| Product Group | |
| Tenor Period | Consecutive individual whole calendar months, e.g. Jan 25 |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 100 |
| Contract Unit | |
| Trading Price Quote | $/mt |
| Price Digits | 2 |
| Currency | USD |
| Tick Value | 1 |
| Tick Size | 0.01 |
| Minimum Volume | 0.1 |
| Volume Steps [Lots] | 0.01 |
| Settlement | Arithmetic mean of Settlement Prices throughout expiry month |
| 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. 31 January 2025 for Jan 25 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 24 January 2025 for Jan 25 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 |
| Quoting Hours | 8:00am - 6:00pm |
Tenor Period Settlement Valuation Process
| Daily Settlement Value | Market-on-Close – The daily assessment settlement time, e.g. 4:30 pm for European contracts |
| Final Settlement Price | Arithmetic mean of Settlement Prices throughout expiry month |