Platts to launch Asia gasoline eWindow on August 27

Following extensive consultation with industry participants, Platts plans to facilitate the Market-on-Close assessment process for both physical gasoline and gasoline swaps through eWindow technology from August 27, 2010.

Participants in the Platts 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 setting 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 with 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 Irene Tang at +6565306575/+6565306586 or via yahoo at plattsmogas. You can also send an email to asia_products@platts.com.