Malin Physical Gas Daily Spot1173

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, GDD
Trading Screen Hub Name
GTN-Malin
Commodity Code
XGO
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 average of the midpoint prices for each calendar day during the Contract period as published by Platts' Gas Daily publication for the specified location plus the Contract Price.
Position Limits
None
MIC Code
IEPA
Clearing Venues
NGX
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Trading Hours

CityTradingPre-Open
New York7:00 AM - 12:00 PM
07:00 - 12:00

London12:00 PM - 5:00 PM
12:00 - 17:00

Singapore7:00 PM - 12:00 AM
19:00 - 00:00

Codes

Clearing Admin Name
Mal BM Phys Gas
Physical
XGO
Logical
XGO
GMI(FC)
R&N A.C.N.