Subscriber note: ICE releases FAQs regarding conversion of swaps to futures

ICE has released a document covering Frequently Asked Questions regarding the transition from swaps to futures effective today, October 15. The document is available at https://www.theice.com/publicdocs/Platts_Swaps_to_Futures_FAQ.pdf.

The move by ICE to convert swaps into futures has raised questions over whether the change has also affected the nomenclature of Platts assessments. The nomenclature of Platts assessments in all its publications remains the same and there are no changes envisioned as a result of the ICE move. Platts methodologies are also unaffected by ICE changes. For more information about our methodology please access Platts.com or contact the various commodity sectors including oil@platts.com and pricegroup@platts.com.