Dear Trading Participants,
EEX Group has renamed its Iron Ore Futures to Iron Ore 62% Fe China Futures with immediate effect. The underlying has changed to the monthly price index for Iron Ore 62% Fe CFR China (Index). The Index is the arithmetic average of all daily price assessments for “TSI Iron Ore Fines 62% Fe, CFR China”1 of the respective month as published by TSI - The Steel Index - in “Platts Steel Markets Daily” in Section "TSI Daily Iron Ore Indices". All other product specifications and details remain unchanged. More detailed information such as last registration dates, underlyings and fulfilment can be found in the contract specifications, contract details file and price list on our website. Please do not hesitate to contact us at +49 341 2156 222 if you have any further questions.
Yours sincerely,
Market Operations
European Energy Exchange AG
Phone: +49 341 2156 222
trading@eex.com
Reuters: trading@eex.com
1 - The TSI Iron ore fines 62% Fe, CFR China (“Platts Assessment”) index is a product of S&P Global Platts, a division of S&P Global Inc., and has been licensed for use by European Energy Exchange AG (“the Exchange”). “Platts® ”, “S&P Global Platts™”, “The Steel Index” and “TSI” (the “Platts Marks”) are trademarks of S&P Global Platts, its affiliates and/or its licensors and have been licensed for use by the Exchange. Iron ore fines 62% Fe, CFR China Futures (“Exchange Contract”) is not sponsored, endorsed, sold or promoted by S&P Global Platts or its affiliates or licensors. S&P Global Platts, its affiliates and licensors make no representation or warranty, express or implied, regarding the Exchange Contract or regarding the advisability of investing in securities or commodities generally or the ability of the Platts Assessment to track general market performance or commodity price movements, nor do S&P Global Platts, its affiliates and licensors have any liability for any errors or omissions in, or interruptions of, the Platts Assessment or the Contract. S&P Global Platts’, its affiliates’ and licensors’ only relationship to the Exchange with respect to the Platts Assessment is the licensing of the Platts Assessment and of certain trademarks, service marks and/or trade names of S&P Global Platts, and/or its affiliates or licensors. The Platts Assessment is determined, composed and calculated by S&P Global Platts without regard to the Exchange or the Exchange Contract. S&P Global Platts, its affiliates and licensors have no obligation to take the needs of the Exchange or any clients or users of the Exchange Contract into consideration in determining, composing or calculating the Platts Assessment. S&P Global Platts, its affiliates and licensors have no obligation or liability in connection with the creation, development, preparation, marketing, sale and/or trading of the Contract.