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Date/Time: Sat, 18 May 2024 21:05:44 +0000

Post From: Gasoil/Brent crack tick levels slightly off

[2016-07-13 22:16:11] Link To Thread - Link To Post [Go To First Post]
i960 - Posts: 360
Kind of wondering if Barchart is right and ICE might be wrong here (which would be weird). Here's their actual data: https://www.theice.com/products/3545365/Low-Sulphur-Gasoil-Brent-Futures-Crack/data but the spec says: TRADING PRICE QUOTATION One cent ($0.01) per barrel SETTLEMENT PRICE QUOTATION One cent ($0.01) per barrel MINIMUM PRICE FLUCTUATION One cent ($0.01) per barrel For the December (Z) crack, my eSignal feed shows a last of 9.16, so they're following the exchange spec, Barchart's webpage shows 9.16, and ICE shows a last of 9.165. I have a feeling the exchange might be sending more precise data for this than what they actual advertise it should be, which is strange. (edit: removed IB reference because I can't verify what theirs is until the market reopens). It's also a slightly different pricing formula than the other 1:1 cracks, as the exchange price is calculated as (GASOIL / 7.45 - BRENT) and I'm wondering if that's where some of this is coming from. Date Time Of Last Edit: 2016-07-13 22:20:06