When creating a new Location on a Contract you will be asked to complete the reference location, this is defined as the market zone that the Contract's 'Primary Location' sits within.
The reference location is used for two purposes:
1. Reporting e.g. filtering and viewing open Contracts by market zone; and
2. Mark-to-market reporting.
Click on the button below to view a list of market zones available in the platform.
💡The Primary Location is the delivery location that the commodity is to be
delivered on the Contract.