Introduction

ACE - Alternative Crude Ecosystem is a new functionality that allows the execution and trade of multiple bilateral crude grades as differentials against GME Oman OQD cleared futures. Utilizing GME Oman as the benchmark price, ACE offers traders the opportunity to discover market differentials of multiple OTC East of Suez grades on one screen.
ACE allows participants to manage exposure across 7 different Middle East crude grades via GME trusted technology and respected pricing mechanism.

  • Oman

  • Basrah Light

  • Dubai

  • Al Shaheen

  • Upper Zakum

  • Basrah Heavy

  • Murban

  • Upper Zakum

Order management allows traders the ability to configure order attributes for precise risk management.

ORDER TICKET HIGHLIGHTS

  • Annonomous until the point of execution to enhance price transparecy.

  • Differential to Oman Futures Daily Marker or Outright Price

  • On screen Order Managment with Pre-negotiation of trade details with complete electronic audit trail and STP to clearing.

  • First three months

  • Delivery Location

  • Delivery Tolerance

  • Buyer ands Seller Optionality

  • Set desired Terms and Conditions for bilteral side.

SET-UP ACE PLATFORM