Platts to launch eWindow for USGC fuel oil October 1

On October 1, Platts will launch eWindow software to facilitate its US Gulf Coast fuel oil assessment process.

The incrementability, repeatability, and extension guidelines will follow those explicitly stated for eWindow at the following link: http://www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpec s/crudeoilandproductsspecs.pdf or http://bit.ly/crudeprodspecs.

The instruments listed on eWindow will be for Slurry Oil, 1% residual fuel oil, 3% residual fuel oil and RMG 380 CST physical contracts.

Market participants will have the option to post market interest directly via the eWindow tool or through an editor.

Participants may also permission brokers to place interest onto the eWindow platform.

In those markets where the bids/offers are submitted directly via eWindow, the minimum amount of time between incremental price changes is 30 seconds.

In addition, Platts will accept repeat bid/offer indications submitted no later than 30 seconds after the indication of trade.

If any party expresses its repeat interest to buy/sell within 20 seconds of the close at 3:15:01 via eWindow, an automatic one-minute time extension period will be triggered in order to adequately test repeatability.

Only the bid or offer that shows repeat buying/selling interest will be valid during that extension period.

If, at 3:15:01, there is additional market depth at the same price level as the repeat order that triggered the extension, the assessment will reflect the remaining market depth at the close.

For full details or any questions, please contact Esa Ramasamy, esa_ramasamy@platts.com and ewindow@platts.com, with a cc to pricegroup@platts.com.