05 Oct 2009 | 07:21 UTC — New York

Changes to US eWindow extension guidelines October 9

Platts is clarifying its time extension guidelines in US editorial processes where eWindow is used.

If any party expresses its repeat interest to buy/sell within 20 seconds of the close at 3:15:01 via eWindow, an automatic three-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 questions or comments, please contact Esa Ramasamy, esa_ramasamy@platts.com, with a cc to pricegroup@platts.com.