CG Mainline Physical Inside FERC1302

Description

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

Market Specifications

Commodity Code
XLF
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 Platts' Inside FERC's Gas Market Report on the first of month publication following Contract delivery plus the Contract Price
Position Limits
None
MIC Code
IEPA
Clearing Venue
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

*Next Day

Codes

Clearing Admin Name
CGMn MO Phy Gas
Physical
XLF
Logical
XLF
GMI (FC)
R&N A.C.N.