Containerized Freight Index (Europe Service) (EC)

Underlying

Shanghai (export) Containerized Freight Index based on Settled Rates (Europe service)

Contract Multiplier

50 Yuan per index point

Price Quotation

Index point

Minimum Price Fluctuation

0.1 index points

Listed Contracts

February, April, June, August, October, and December

Trading Hours

9:00–11:30 a.m., 1:30–3:00 p.m., and other trading hours prescribed by Shanghai International Energy Exchange (INE)

Daily Price Limit

Within ±10% of the settlement price of the preceding trading day

Minimum Trading Margin

12% of contract value

Last Trading Day

The last futures-trading Monday of the delivery month (INE reserves the right to adjust the last trading day based on national holidays and weekends.)

Delivery Period

Same as the last trading day

Settlement Type

Cash settlement

Product Symbol

EC

Listing Exchange

Shanghai International Energy Exchange