Asia physical fuel oil eWindow launch on May 12

Following extensive consultation with industry participants, Platts plans to facilitate the Asian Market on Close assessment process for physical fuel oil through eWindow technology from May 12, 2011.

Participants in the Platts MOC assessment process will be able to submit bids or offers for publication directly through the eWindow software, or through an editor, who would then publish bids and offers using the software.

Platts expects credit relationships that prevail inside its assessment environment to fully reflect relationships in the markets as a whole.

Where Platts editors publish bids and offers on behalf of a company that submits data to an editor, counterparty credit settings are set to "open" for regular participants in the assessment process, unless companies have notified Platts in advance of any restrictions.

If you are submitting information through an editor and have not already notified Platts of any counterparty credit restrictions, please provide notification at least one hour prior to the start of the MOC process if any counterparty credit filters need to be modified.

eWindow provides direct entry and management of credit filters, which should be those normally applied in the marketplace, for companies participating directly through the software.

Platts provides training to participants interested in learning the use of the software. For any comments or questions, please contact Sharmilpal Kaur or Jonathan Nonis at +65-65306575/+65-65306574 or via yahoo at platts_fuel. You can also send an email to asia_products@platts.com.