11 Apr 2013 | 12:10 UTC — London

Subscriber note: Cleared Brent CFD instruments available in MOC May 2

Effective May 2, all weekly Brent crude Contract for Difference swap instruments will be available to bid, offer and trade on a cleared basis in the Platts Market on Close assessment process facilitated by the eWindow communication tool. The existing ability to post interest and transact on a bilateral basis will remain possible and CFD orders and trades entered on a bilateral basis will continue to be reflected in the Platts MOC and in eWindow. The facility to bid, offer and trade Brent crude CFDs on a cleared basis in eWindow is possible through ICE Clear. In order to include this functionality, a new set of Brent CFD weeks will be available in eWindow from April 22 in specific eWindow Platts portfolios. The new instruments will appear under the product names of Platts Brent Diff, Platts Brent Diff Bal Week (bilateral only) and Platts Brent Diff Spread. The new instruments will list eight outright CFD weeks and will allow for posting interest in each week, basis both second-month and the third-month cash BFOE. Inter-week Brent CFD rolls versus second-month and third-month cash BFOE will also be available for all cleared CFD instruments. Please send any comments or questions to europe_crude@platts.com, pricegroup@platts.com and ewindow@platts.com