Results electronic exchange trading № OGCD-141117 for the sale of Oil in the mode of differentials trading
VOLUME WEIGHTED AVERAGE PRICE BULLETIN
CE "Ukrainian Energy Exchange" on November 14, 2017 at 11:00 is conducting an electronic exchange trading № OGCD-141117 for the sale of Oil in the mode of differentials trading
PJSC "Ukrtransnafta" on electronic exchange trading offers for sale crude oil with total capacity of 20000 tons.
Formula for calculating the initial price
Boundary quality indicators
Electronic exchange trading for the sale of Oil is held in the Software product "Electronic Exchange Trading System" (BETS) in accordance with the Rules of exchange trading at Commodity Exchange "Ukrainian Energy Exchange" and Regulations on the electronic exchange trading at Commodity Exchange "Ukrainian Energy Exchange".
Legal persons and physical persons-entrepreneuфrs who have such right according to the current legislation of Ukraine can participate in electronic exchange trading, acquiring the status of a non-permanent member of the Exchange.
Exchange members wishing to participate in the electronic exchange trading have to submit purchase orders before 09:00 on 14.11.2017 and deposit a security deposit(is 5% of the total value of the product for 15 days before the date of filing the application) before 09:00 on 14.11.2017 in the amount of 3 405 838,00 UAH on each lot, according to the Invoice formed in the BETS.
The trading session runs from 11 o’clock 00 minutes till 13 o’clock 00 minutes on 14.11.2017. If as at 13 o’clock 00 minutes on any of the positions trading is still ongoing, the trading session continues until the end of the trading on the last of the lots/batch of joint lots, which are still trading.
Step of differential- 10 UAH.
The winners of the electronic exchange trading during 3 days shall pay the commission fee to the Exchange. Commission fee is 0.1% of the amount of concluded transactions, and is calculated from the preliminary price of a product, which is 13 623,35 UAH per ton.
CE "Ukrainian Energy Exchange" holds the accreditation of journalists and mass media on the electronic exchange trading which are held in Software Product "Electronic Exchange Trading System" (BETS).
More info: +38 (044) 35-35-735 or send an application letter in free form by e-mail: [email protected].
