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29.12.2016 13:10

Final settlement of Brent Oil Futures in January 2018

The Exchange has added the Brent Oil Futures contract (BR-1.18) expired on 1 January 2018 to the trading system. The expiration date was established in accordance with paragraph 3, clause 1.5 of the contract specification. The contract corresponds with the ICE Brent Crude Futures contract expired on 19 December 2017.

In this regard, the ICE Brent Index price published on the ICE"s website on 29 December 2017 will be the Brent Oil Futures"s final settlement price (pursuant to clause 2.2.2 of the Brent Oil Futures specification).

To fully synchronise final settlement of the Brent Oil Futures with the ICE Brent Crude Futures, the Exchange is going to move the last trading date (final settlement date) to 29 December 2017 (from 1 January 2018). The date will be changed technically (without any changes in its code) after 4 December 2017 when the December Brent Oil Futures (BR-12.17) expire.

For further information, please contact the Public Relations Department at (495) 363-3232.