The trade registration service which EEX offers in cooperation with EEX Asia allows the steel industry to manage price risks in a dynamic market. Additionally, clients benefit from the fast and efficient clearing services provided by European Commodity Clearing (ECC), Europe’s leading clearing house for energy products, which also provides a range of margin offsets with other commodities across several exchanges.
- ECC means being connected to Europe’s major energy and commodity exchanges: One clearing house membership provides access to this network and a large variety of asset classes.
- ECC assumes clearing as well as physical and financial settlement of transactions concluded and registered for clearing on all partner exchanges.
- ECC connects European commodity markets through integrated and automated clearing processes and eliminates the counterparty risk through clearing and settlement of all transactions.
EEX Plats/TSI Iron Ore 62% Fe CFR China Future
FINAL SETTLEMENT PRICE
The arithmetic average of the daily TSI spot price assessments for every trading day in the expiry month
Months, quarters and calendar years
EEX Plats/TSI Iron Ore 62% Fe CFR China Option
STRIKE PRICE INCREMENTS
Options which are in the money in relation to the Final Settlement Price are exercised automatically.
Options are fulfilled by booking in the corresponding futures position at the respective exercise price after the option is exercised.
Months, quarters and calendar years out to a maximum of 48 months
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