Contract Execution Procedure
Oil contracts on Moscow Exchange Derivatives Market are cash-settled and do not imply physical delivery.
Brent futures
The final settlement occurs in the evening session on the day of contract expiration.
The contract settlement price equals to the value of the ICE Brent Index published on the ICE website and is used for execution of the corresponding Brent Crude Futures.
| Exchange | Contract code | Month and year of expiration | Last trade date | Settlement date | |
|---|---|---|---|---|---|
| Brent Crude Futures | Moscow Exchange | BR-3.20 | March 2020 | 2.03.2020 | 2.03.2020 |
| Relative Brent Crude Futures contract | ICE Futures Europe | B-Mar20 | March 2020 | 28.03.2020 (Last Trade Date) | 2.03.2020 (Settlement Date) |
Light Sweet Crude Oil futures
The final settlement occurs in the intraday session on the day of contract expiration
The contract settlement price equals to the settlement price of the corresponding Light Sweet Crude Oil Futures, which is determined by the NYMEX exchange and published on the CME Group website on the last trading day preceding the day of execution of the corresponding Light Sweet Crude Oil Futures.
| Exchange | Contract code | Month and year of expiration | Last trade date | Settlement date | |
|---|---|---|---|---|---|
| Light Sweet Crude Oil Futures contract | Moscow Exchange | CL-3.20 | March 2020 | 17.03.2020 | 17.03.2020 |
| Relative Light Sweet Crude Oil Futures contract | NYMEX | CLJ20 | March 2020 | 20.03.2020 (Last Trade Date) | 20.03.2020 (Settlement Date) |
Derivatives market contacts:
derivatives@moex.com
+7 (495) 363-3232