Europe eWindow change in time to re-bid, re-offer

Effective July 13, 2009, and further to a previous request for feedback, Platts will adjust the time permitted for re-bidding or re-offering in European assessment processes.

In those European crude oil and refined product markets where eWindow has been adopted, the time permitted for electronically expressing repeat buying or selling interest following a trade will be adjusted to a maximum of 30 seconds.

Any repeat buying or selling interest that is expressed more than 30 seconds after the time of trade will not be published.

Please direct any comments to europe_products@platts.com and europe_crude@platts.com with a CC to pricegroup@platts.com.