01 May 2018 | 10:21 UTC — London

SUBSCRIBER NOTE: Platts reduces repeat time for Cash BFOE instruments in Platts MOC

Platts has reduced the time limit within which companies in the Cash BFOE Platts Market on Close assessment process may repeat their bid or offer following a trade to 10 seconds, effective May 1, 2018.

Previously, a company whose Cash BFOE bid or offer trades in the Platts MOC could repeat its indication at any time within the next 15 seconds.

This decision was announced on February 12 in a subscriber note available here: https://www.platts.com/subscriber-notes-details/26890176. The proposal was published December 12, 2017 and is available here: https://www.platts.com/subscriber-notes-details/26855359 Please send any further comments and feedback to europe_crude@spglobal.com and pricegroup@spglobal.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.