ACE – Alternative Crude Ecosystem is a new functionality that allows the execution and trade of multiple bilateral crude grades as differentials against DME Oman OQD cleared futures.
Utilizing DME Oman as the benchmark price, ACE offers traders the opportunity to discover market differentials of multiple OTC East of Suez grades on one screen. Trade around DMEs pricing window from 4pm to 5pm Singapore to maximize risk management efficiencies.
ACE allows participants to manage exposure across 7 different Middle East crude grades via DME trusted technology and respected pricing mechanism.
Order management allows traders the ability to configure order attributes for precise risk management.
Order Ticket Highlights
•Differential to Oman Futures Daily Marker or Outright Price
•Quantity – Post Order Pre-negotiation of trade quantity between Buyer and Seller