Meaning of Terms
- Oil Derivatives
- 303 - Average daily prices of the period Q-1 applied to calculate the price for the period Q
- 313 - Average daily prices of the months M-2 to M-4 applied to calculate the price for the period Q
- 603 - Average daily prices of the months Q-1 and Q-2, applied to calculate the price for the period Q
- 703 - Average daily prices of the months M-1 to M-7, applied to calculate the price for the period Q
- 101 - Average daily prices of the month M-1 applied to calculate the price for the period M
- Petroleum diesel, also called petrodiesel, or fossil diesel is produced from the fractional distillation of crude oil between 200 °C (392 °F) and 350 °C (662 °F) at atmospheric pressure, resulting in a mixture of carbon chains that typically contain between 8 and 21 carbon atoms per molecule
- PHELIX index is the reference price for power in Continental Europe. The arithmetic mean of all prices of the hourly auctions on the EPEX spot SE Spot Market for the German/Austrian market area is referred to as the Phelix Day Base. The Phelix Peakload Index comprises the horly prices for the peak load hours (8:00 am until 8:00 pm) from Monday to Friday, irrespective of statutory holidays.
- Richards Bay Coal Terminal (RBCT) - located in the Richards Bay harbor, it is the leading coal export facility worldwide. RBCT is located at one of the world's deep sea ports, being able to operate big ships and large volumes. At present, the terminal has a storage capacity of 6.7 million tons of coal.
- Settlement or Settling Price - The price established at the close of each trading session as the official price used the clearinghouse in determining gains or losses, margin requirement, and the next day's price limit.
- Spot Month - The futures contract closest to maturity, the nearby delivery month.
- S&P 500 is a free-float capitalization-weighted index published since 1957 of the prices of 500 large-cap common stocks actively traded in the United States. The stocks included in the S&P 500 are those of large publicly held companies that trade on either of the two largest American stock market companies; the NYSE Euronext and the NASDAQ OMX.
After the Dow Jones Industrial Average, the S&P 500 is the most widely followed index of large-cap American stocks. It is considered a bellwether for the American economy, and is included in the Index of Leading Indicators. The index is the best known of the many indices owned and maintained by Standard & Poor's, a division of McGraw-Hill. S&P 500 refers not only to the index, but also to the 500 companies that have their common stock included in the index.
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