Naphtha eWindow launch September 17 (clarification)

Effective Friday 17 September, Platts is launching the eWindow price discovery tool in the European naphtha Market on Close assessment processes.

Participants who wish to place bids and offers into the MOC will need to be registered in eWindow prior to 3:45 London time each day.

Incrementability will be set at a maximum of $1.00/mt price move per 30 seconds, with a 30-second limit for rebidding or reoffering following trade.

There will be no price freeze prior to the 4:30 closing time.

A 60-second extension will be triggered by any price move or a rebid/reoffer in the 20 seconds prior to the close of the MOC at 4.30 London time.