SUBSCRIBER NOTE: Platts proposes to launch current month IODEX swap assessment

S&P Global Platts proposes to launch a current month IODEX swap assessment in light of market demand for this price series.

The current month swap assessment would launch February 1, 2017. It would complement existing forward curve coverage, which provides prompt month (front-month, second-month and third-month) as well as near-term quarterly values.

For example, a current month swap assessment if assessed today would reflect the November swap strip in November. Platts would assess the current month value until liquidity moves on to the front month strip.

A current month swap value has been requested by market participants as index-linked cargoes are often priced off a current month average -- especially if transacted at the start of the month.

Please send any feedback on the proposal by December 19, 2016 to IODEX@spglobal.com and pricemethodology@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.