SUBSCRIBER NOTE: Platts proposes to launch Lump Premium swaps forward curve

S&P Global Platts proposes to publish a daily forward curve of swaps whose settlement basis is the Platts iron ore spot lump premium assessment (Code: IOCLP00) from December 1, 2017.

Platts seeks market feedback on its proposal by November 2, 2017.

To assess the monthly strips, Platts would use information gathered from exchange screens, active market participants' reported trade information and brokers' forward curves.

The assessments would be for M0, M1, M2 and M3. Platts would assess the current month (M0) value until liquidity moves on to the front-month strip.

Please submit any feedback, comments or questions about this proposal to iodex@spglobal.com & pricemethodology@spglobal.com by November 2, 2017.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.