Malin Physical Natural Gas Intelligence1144

Description

Physical Natural Gas delivered firm at specified location for a pre-determined PREMIUM/DISCOUNT applied to the specified Index Price Reference.

Market Specifications

Trading Screen Product Name
NG Firm Phys, ID, NGI
Trading Screen Hub Name
GTN-Malin
Commodity Code
XGL
Contract Size
100 MMBtus per lot
Quotation
Net quantity quoted as volume per day and determined by multiplying the number of Contracts (or listed volume) times the number of days in the Contract.
Currency
US Dollars and cents
Minimum Price Flux
$0.0025 per MMBtu
Maximum Price Flux
No limits
Last Trading Day
Close of business on the last business day of the delivery month
Price
Premium to referenced Index Price
Daily Settlement
Daily settlement will be determined by Intercontinental Exchange, Inc. using price data from a number of sources including spot, forward, and derivative markets for both physical and financial products.
Final Settlement
The Index Price, as reported by Natural Gas Intelligence's on the first of month publication following Contract delivery plus the Contract Price
Position Limits
None
MIC Code
IEPA
Clearing Venues
NGX

Trading Hours

CityTradingPre-Open
New York7:00 AM - 5:00 PM
07:00 - 17:00
London12:00 PM - 10:00 PM
12:00 - 22:00
Singapore7:00 PM - 5:00 AM*
19:00 - 05:00

Codes

Clearing Admin Name
Malin Phys Gas
Physical
XGL
Logical
XGL
GMI (FC)
R&N A.C.N.