Technology employed in eWindow tool to be updated Nov 8

S&P Global Platts would like to notify subscribers that certain technology components employed in the eWindow communication and publishing tool will be updated on Nov. 8 to increase system efficiency.

The change, which affects the matching engine used in ICE software underlying eWindow, will not affect the methodology around the Platts Market on Close assessment process. Furthermore, for participants in the MOC process there is no change to functionality and no action required of participants.

The updated matching engine will, among other changes, result in the more efficient publication of bids, offers and indications of interest to trade at the close of every eWindow-facilitated MOC process. Under the current engine, information is removed from the eWindow system across a single second of time at the close. The new engine processes these withdrawals sequentially and in a shorter period of time.

Platts will continue to reflect value at close in its price assessments as stated in its timing and increment guides. The timing cut-offs and standards of incrementability vary across the regions and markets assessed, and details can be found in the guides, available at https://www.spglobal.com/platts/en/our-methodology/methodology-specifications under specific commodity sections.

Please send any feedback or questions to pricegroup@spglobal.com.

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 to the public upon request.