FAQ: Used Cooking Oil (UCO) and Used Cooking Oil Methyl Ester (UCOME) futures
12 Dec 2024
- What products are being launched and when?
- What are the benefits of trading UCO and UCOME futures?
- What is the regulatory jurisdiction of the UCO and UCOME futures contracts?
- What are the underlying reference prices?
- What is the Argus Media FOB ARA UCOME assessment?
- How is the final settlement price (the floating price) of the futures contract calculated?
- How do we settle futures on a daily basis?
- Are there price limits?
- How can the futures contracts be traded?
- The futures contract is available to trade as a block. How does it work?
- What are the hours for block trade entry into ClearPort for clearing?
- What are the position limits?
- What is the listing schedule?
- I am a bona-fide hedger, and I need to exceed position limits. Can I apply for a hedge exemption?
- What are the margin levels?
- How do I start trading and clearing this contract?