Appendix 1 — Final Settlement Price
Oil Swaps Contracts
| Products | Gasoil | Naphtha |
| Contract | Gasoil Swap FOB Singapore | Naphtha CFR Japan |
| Final Settlement Price | Arithmetic average of Platts' daily spot assessments in the Contract Month for the relevant underlying product, rounded to 3 decimal places. | Cash settlement using arithmetic average of Platts daily spot assessments in the contract month, rounded to three decimal places. |
| Products | Fuel Oil 180 | Fuel Oil 380 |
| Contract | Singapore Fuel Oil 180cst Swap, 3.5% sulfur | Singapore Fuel Oil 380cst Swap, 4% sulfur |
| Final Settlement Price | Arithmetic average of Platts' daily spot assessments in the Contract Month for the relevant underlying product, rounded to 3 decimal places. | |
| Products | Mini Fuel Oil 180 CST | Mini Fuel Oil 380 CST |
| Contract | Mini Singapore Fuel Oil 180 CST Swap, 3.5% Sulfur | Mini Singapore Fuel Oil 380 CST Swap, 4% Sulfur |
| Final Settlement Price | Arithmetic average of Platts' daily spot assessments in the Contract Month for the relevant underlying product, rounded to 3 decimal places. | |
| Products | Visco |
| Contract | Fuel Oil 180cst vs 380cst Swaps Differential |
| Final Settlement Price | FSP of Fuel Oil 180cst Swap minus FSP of Fuel Oil 380cst Swap |
| Product | Petrochemical Swaps | |||||
| Contract | SGX Platts Benzene-Naphtha Swap | SGX Platts Paraxylene-Naphtha Swap | SGX PLATTS PX CFR China Swap | Benzene FOB Korea Swaps | SGX Platts Methanol CFR China Swap | |
| Final Settlement Price | Cash settlement using the arithmetic difference between the Final Settlement Prices of the SGX Platts BZ FOB Korea Swap and the SGX Platts Naphtha CFR Japan Swap, rounded to 3 decimal places. | Cash settlement using the arithmetic difference between the Final Settlement Prices of the SGX Platts PX CFR Taiwan/China Swap and the SGX Platts Naphtha CFR Japan Swap, rounded to 3 decimal places. | Cash settlement using the arithmetic average of all Platts PX daily spot price assessments in the contract month, rounded to 2 decimal places | Cash settlement using the arithmetic average of Platts daily spot 'marker' physical cargo assessments in the contract month, rounded to 3 decimal places. | Cash settlement using the arithmetic average of all Platts Methanol CFR China daily spot price assessments in the expiring month, rounded to two decimal places. | |
| Product | Petrochemical Swaps | |||||
| Contract | SGX ICIS Isomer MX FOB Korea Swap | |||||
| Final Settlement Price | Cash settlement using the arithmetic average of all ICIS Isomer MX FOB Korea index assessments in the expiring contract month, rounded to 2 decimal places | |||||
| Product | Petrochemical Swaps | |||||
| Contract | [deleted] | [deleted] | SGX ICIS MEG CFR China Swap | [deleted] | [deleted] | SGX ICIS SM CFR China Swap |
| Final Settlement Price | [deleted] | Cash settlement using the arithmetic average of all ICIS MEG CFR China Main Ports index assessments in the expiring contract month, rounded to 2 decimal places | [deleted] | Cash settlement using the arithmetic average of all ICIS SM CFR China (Price Range for the Week) index assessments in the expiring contract month, rounded to 2 decimal places | ||
| Product | 0.5% Sulphur Fuel Oil Singapore | |
| Contract | SGX Platts Marine Fuel 0.5% FOB Singapore Swap | |
| Final Settlement Price | Arithmetic average of Platts' spot assessments in the Contract Month for the relevant underlying product, rounded to 3 decimal places. | |
| Product | Petrochemical Swaps | |
| Contract | SGX Argus Ammonia FOB Middle East Swap | SGX Argus Ammonia CFR East Asia Swap |
| Final Settlement Price | Arithmetic average of all Argus' spot assessments for each week that is published in the expiring contract month for the relevant underlying product, rounded to two decimal places. | |
Iron Ore Swap Contracts
| Products | Iron Ore Swap | ||||
| Contract | SGX TSI Iron Ore CFR China (62% Fe Fines) Swap | SGX MB Iron Ore CFR China (58% FE Fines) Swap | [deleted] | SGX MB Iron Ore CFR China (65% Fe Fines) Swap | SGX Platts Iron Ore CFR China (Lump Premium) Swap |
| Final Settlement Price | Cash settlement using the arithmetic average of all The Steel Index (TSI) Iron Ore Fines 62% FE CFR China reference prices in the expiring month, rounded to 2 decimal places. | Cash settlement using the arithmetic average of all the aggregate daily values of MBIOI — 58% FE Fines, CFR Qingdao Index and MBIOI — 58% Premium FE Fines, CFR Qingdao Index reference prices, as published by Metal Bulletin, in the expiring contract month, rounded to 2 decimal places. | [deleted] | Cash settlement using the arithmetic average of all the MBIOI 65% Fe Brazilian Fines, CFR Qingdao Index reference prices in the expiring contract month, rounded to 2 decimal places. | Cash settlement using the arithmetic average of all Platts IO Spot Lump Premium 62.5% CFR China Index reference prices in the expiring contract month, rounded to 4 decimal places. |
| Product | Iron Ore Option |
| UnderlyingContract | Iron Ore Swap |
| Option Exercise and Settlement | European Style: An option will be exercised automatically at expiry only if it is in-the-money. Cash Settled: Upon exercise, a call option will have a value equal to final settlement price of the underlying Iron Ore Swap minus the strike price, multiplied by the contract size. Upon exercise, a put option will have a value equal to the strike price minus the final settlement price of the underlying Iron Ore Swap, multiplied by the contract size. |
Freight Forward Contracts: Container Freight Routes
| Product | FBX01 | FBX03 | FBX11 | FBX13 |
| Contract | Container Freight Route FBX01 | Container Freight Route FBX03 | Container Freight Route FBX11 | Container Freight Route FBX13 |
| Final Settlement Price | Arithmetic average of all of Baltic's spot assessments for each day that is published in the expiring Contract Month for the relevant underlying product, as provided by Baltic | |||
Freight Forward Contracts: Dry Trip Timecharter Routes
| [deleted] | [deleted] | [deleted] |
| [deleted] | [deleted] | [deleted] |
| [deleted] | [deleted] | |
| [deleted] | [deleted] | [deleted] |
| [deleted] | [deleted] | [deleted] |
| [deleted] | [deleted] | |
| Product | P2E | P2E_82 |
| Contract | Panamax Route P2E Forward Freight Agreement Skaw/Gibraltar — Far East. Entire Month Average | Panamax 82 Route P2E Forward Freight Agreement. Entire Month Average |
| Final Settlement Price | Arithmetic average of all Baltic's daily spot assessments in the expiring Contract Month for the relevant underlying product, as provided by Baltic | |
Freight Forward Contracts: Dry Voyage Routes
| [deleted] | [deleted] |
| [deleted] | [deleted] |
| [deleted] | [deleted] |
| Product | Capesize Option (Route C5) |
| Underlying Contract | Capesize Route C5 Forward Freight Agreement |
| Option Exercise and Settlement | European Style: An option will be exercised automatically at expiry only if it is in-the-money. Cash Settled: Upon exercise, a call option will have a value equal to final settlement price of the underlying FFA minus the strike price, multiplied by the contract size. Upon exercise, a put option will have a value equal to the strike price minus the final settlement price of the underlying FFA, multiplied by the contract size. |
| [deleted] | [deleted] | [deleted] | [deleted] | |
| [deleted] | [deleted] | [deleted] | [deleted] | |
| [deleted] | [deleted] | |||
| Product | C3 | C5 | C7 | |
| Contract | Capesize Route C3 Forward Freight Agreement | Capesize Route C5 Forward Freight Agreement | Capesize Route C7 Forward Freight Agreement | |
| Final Settlement Price | Arithmetic average of all Baltic's daily spot assessments in the expiring Contract Month for the relevant underlying product, as provided by Baltic | |||
Freight Forward Contracts: Dry Timecharter Basket Routes
| Product | [deleted] | 5CTC | 4PTC | 5PTC | 6STC | 10STC | 11STC | [deleted] | 7HTC |
| Contract | [deleted] | Capesize Time Charter Basket (5 routes) | Panamax Time Charter Basket (4 routes) | Panamax Time Charter Basket (5 routes) | Supramax Time Charter Basket (6 routes) | Supramax Time Charter Basket (10 routes) | Supramax Time Charter Basket (11 routes) | [deleted] | Handysize Time Charter Basket (7 routes) |
| Final Settlement Price | Arithmetic average of all Baltic's daily spot assessments in the expiring Contract Month for the relevant underlying product, as provided by Baltic | ||||||||
| Product | [deleted] | Capesize Option (5 routes) | Panamax Option (4 routes) | Panamax Option (5 routes) | [deleted] | Supramax Option (10 routes) | Supramax Option (11 routes) | [deleted] |
| Underlying Contract | [deleted] | Capesize Time Charter Basket (5 routes) | Panamax Time Charter Basket (4 routes) | Panamax Time Charter Basket (5 routes) | [deleted] | Supramax Time Charter Basket (10 routes) | Supramax Time Charter Basket (11 routes) | [deleted] |
| Option Exercise and Settlement | European Style: An option will be exercised automatically at expiry only if it is in-the-money. Cash Settled: Upon exercise, a call option will have a value equal to final settlement price of the underlying FFA minus the strike price, multiplied by the contract size. Upon exercise, a put option will have a value equal to the strike price minus the final settlement price of the underlying FFA, multiplied by the contract size. | |||||||
Freight Forward Contracts: LNG Trip Timecharter Routes
| Products | BLNG1g | BLNG2g | BLNG3g |
| Contract | LNG Freight Route BLNG1g (LNG Fuel) | LNG Freight Route BLNG2g (LNG Fuel) | LNG Freight Route BLNG3g (LNG Fuel) |
| Final Settlement Price | Arithmetic average of all Baltic's spot assessments for each day that is published in the expiring Contract Month for the relevant underlying product, as provided by Baltic | ||
Coal Swap Contracts
| Product | Coal Swap | ||||||
| Contract | [deleted] | SGX IHS McCloskey Indonesian 4200kc GAR FOB Thermal Coal Swaps | [deleted] | [deleted] | SGX TSI FOB Australia Premium Coking Coal Swap | [deleted] | |
| Final Settlement Price | [deleted] | Cash settlement using the arithmetic average of all publications of the IHS McCloskey Indonesian (4200kc GAR) FOB Marker reference prices in the expiring contract month, rounded to 2 decimal places. | [deleted] | [deleted] | Cash settlement using the arithmetic average of all publications of the relevant index published by TSI in the expiring contract month, rounded to 2 decimal places. | [deleted] | |
| Product | Coal Option | |||||
| Underlying Contract | Coal Swap | |||||
| Option Exercise and Settlement | European Style: An option will be exercised automatically at expiry only if it is in-the-money. Cash Settled: Upon exercise, a call option will have a value equal to final settlement price of the underlying contract minus the strike price, multiplied by the contract size. Upon exercise, a put option will have a value equal to the strike price minus the final settlement price of the underlying contract, multiplied by the contract size. | |||||
Cobalt and Lithium Swaps
| Product | COM | COH | LIC | LIH |
| Contract | SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Swaps | SGX FM Cobalt Hydroxide CIF China Swaps | SGX FM Lithium Carbonate CIF CJK (Battery Grade) Swaps | SGX FM Lithium Hydroxide CIF CJK (Battery Grade) Swaps |
| Final Settlement Price | Arithmetic average of all the aggregate daily values of the underlying index, as published by Fastmarkets, in the expiring contract month, rounded to 2 decimal places | |||
Steel Swap Contracts
| Product | Steel Swap Contracts | |
| Contract | SGX Mysteel Shanghai Rebar (USD) Swap | |
| Final Settlement Price | Cash settlement using the arithmetic average of all the Mysteel Shanghai Rebar (USD) Index reference prices in the expiring contract month (including any Index reference price published on a Saturday or a Sunday, where applicable), rounded to two decimal places. | |
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Added on 27 March 200627 March 2006 and amended on 1 September 20061 September 2006, 1 March 20071 March 2007,1 August 20071 August 2007, 28 November 200728 November 2007, 5 May 20085 May 2008, 17 April 200917 April 2009, 31 May 201031 May 2010, 3 November 20103 November 2010, 28 February 201128 February 2011, 5 December 20115 December 2011, 1 February 20121 February 2012, 1 March 20121 March 2012, 10 September 201210 September 2012, 26 November 201226 November 2012, 21 October 201321 October 2013, 17 February 201417 February 2014, 4 August 20144 August 2014, 2 December 20142 December 2014, 19 January 201519 January 2015, 9 March 20159 March 2015, 31 August 201531 August 2015, 5 October 20155 October 2015, 7 December 20157 December 2015, 25 January 201625 January 2016, 31 October 201631 October 2016, 27 March 201727 March 2017, 22 May 201722 May 2017, 17 July 201717 July 2017, 18 September 201718 September 2017, 18 September 201718 September 2017, 2 January 20182 January 2018, 9 April 20189 April 2018, 21 May 201821 May 2018, 23 July 201823 July 2018, 3 December 20183 December 2018, 29 July 201929 July 2019, 21 October 201921 October 2019, 18 November 201918 November 2019, 24 February 202024 February 2020, 18 May 2020, 3 August 2020, 28 September 2020, 1 October 2020, 14 December 2020, 1 March 2021, 19 April 2021, 10 May 2021, 31 May 2021, 12 July 2021, 2 August 2021, 24 January 2022, 28 February 2022, 18 July 2022, 26 September 2022, 21 November 2022, 20 February 2023, 2 October 2023, 15 July 2024, 7 October 2024, 2 December 2024, 2 January 2025 and 20 January 2025.
Appendix 2 — Contracts of Other Relevant Markets Accepted by the Clearing House
Subject to any conditions or limitations set forth in this Rules, the Clearing House shall clear the following Contracts:
1. Designated Futures Contracts pursuant to the Mutual Offset System with the Chicago Mercantile Exchange:
2. Connect Contracts that are available for trading under the Connect Market:
Added on 1 October 20091 October 2009 and amended on 22 April 201022 April 2010, 19 July 201019 July 2010, 5 August 20115 August 2011, 28 March 201628 March 2016, 19 September 201619 September 2016, 4 June 20184 June 2018, 17 December 201917 December 2019, 19 April 2021, 29 July 2022 and 17 July 2024.