Adjustment to rebidding, reoffering on BFOE effective January 15

Effective January 15, 2010, and further to a previous request for feedback, Platts will adjust the time permitted for rebidding or re-offering on cash BFOE partial contracts.

The time permitted for electronically expressing repeat buying or selling interest following a trade will be adjusted to a maximum of 15 seconds.

Any repeat buying or selling interest that is expressed more than 15 seconds after the time of trade will not be published.

Please direct any comments to europe_products@platts.com and europe_crude@platts.com with a CC to pricegroup@platts.com.