ICE GasOil Crack Spread

M

maninjapan

Was hoping someone out there familiar with this spread might be able to help out here.

According to the ice website the min. Price fluctuation is $0.01 / barrel However looking at the current price it is listed as 14.8155 for the Sep12 contract. Im not quite sure how the min price fluctuation fits in with this price? Shouldnt there only be 2 digits?
 
I think the market trades in 1c increments, however the settlements are based on the following leg calculations:

Quote from ICE website:

The minimum crack qty is 4 lots (made up of 4 Gas Oil lots & 3 Brent lots). The Gas Oil Crack trades in 4 lot increments. The Gas Oil (traded in metric tons) is converted into a price in barrels using a conversion factor of 7.45. One lot of Gasoil = 100 metric tonnes, 1 lot of ICE Brent Futures = 1,000 bbls (134.22 metric tonnes)
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Remember, settlements are not indicative of where the actually bid/ask may be.
 
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