Test 7
Test 7 snippet
UCOME Biodiesel
UCOME Biodiesel is a second-generation biodiesel made from used cooking oil, carefully cleaned and refined into a sustainable Diesel replacement. Fuel producers blend UCOME with regular Diesel to create a greener fuel that helps meet strict UK and EU emission standards without compromising performance.
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 | UCOME Biodiesel (100-$/mt) |
| MT5 Trader Code | UCOME |
| Contract Classification | Commodity CFD |
| 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 | mt |
| 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 | 9:00am - 5:30pm (UK Time) |
| Quoting Hours | 9:00am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Arithmetic mean of Settlement Prices throughout expiry month |