Timing standards for market information in Platts Asia oil MOC markets

S&P Global Platts would like to remind market participants that it seeks to ensure that its Asia oil assessments reflect market information that has been published and fully tested openly ahead of market close.

Platts has clear timing and incrementability guidelines that establish the criteria for whether information is considered to have tested value in the market, and applies these criteria to all bids, offers and trades regardless of source or level of transparency.

Platts Oil Timing and Increment Guidelines are published here: http://plts.co/s82p30rj8T3

In the Market on Close process, Platts encourages all market participants to submit all data that may be relevant to Platts assessments, including but not limited to firm bids, offers and expressions of interest to trade, confirmed trades, indicative values, reported transactional activity heard across the market and other data that may be relevant to Platts assessments.

Platts publishes information that meets its standards and may consider such information in its final assessments where relevant. All information, including incomplete data and reported transactional activity heard in the market, must meet Platts timing standards for consideration in the final assessments.

Information submitted after the close will not be considered for that day's assessment process.

Please send any comment or feedback to asia_products@spglobal.com and 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 upon request.