S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
Solutions
Capabilities
Delivery Platforms
News & Research
Our Methodology
Methodology & Participation
Reference Tools
Featured Events
S&P Global
S&P Global Offerings
S&P Global
Research & Insights
Solutions
Capabilities
Delivery Platforms
News & Research
Our Methodology
Methodology & Participation
Reference Tools
Featured Events
S&P Global
S&P Global Offerings
S&P Global
Research & Insights
28 Apr 2014 | 01:40 UTC — London
Effective May 8, Platts will launch Northwest European and Mediterranean Urals crude CFDs in the eWindow communication tool for its Market on Close assessment process. Headlines automatically generated by eWindow will appear on Platts Global Alert page 3 as "Platts Urals Med CFD Urals Med\Dated Brent CFD May 14, Company A bids $0.00 for 100". Company short-form names may appear differently. The final pricing period when updates to bids or offers are no longer possible will be after 16:27:59.999 London time. The Market on Close assessment process will close at 16:30:00:999 London time. Incrementability will remain at the current standard: a maximum of $0.05/barrel a minimum of one minute. The minimum price increment will remain fixed at $0.01/b. If a repeat is made in the last 20 seconds of the MOC process -- between 16:29:40:999 London time and 16:30:00:999 London time -- it will trigger a price extension of one minute. Market participants who wish to continue communicating indications to Platts via Yahoo Messenger are welcome to do so. Please send any questions or comments to europe_products@platts.com, with a cc to pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.