Fixed Price Swap - Weekly Gas Storage Inventory33257718

Description

A weekly cash settled swap based upon the total change in billion cubic feet of natural gas (BCF) as reported by the U.S. Energy Information Administration (EIA) Weekly Natural Gas Report as specified in Reference Price A

Market Specifications

Trading Screen Product Name
NG Fin Weekly Gas Storage Inventory Number (EIA)
Trading Screen Hub Name
EIA
Rule Number
1314
Settlement Method
Cash settlement
Contract Size
10,000 USD
Currency
USD
Trading Price Quotation
1 BCF
Listing Cycle
Up to 10 Contract Periods, or as otherwise determined by the SEF
Last Trading Day
Publication date of the EIA storage number for the Contract Period
Final Settlement
Reference Price A
REFERENCE PRICE A
NATURAL GAS-WEEKLY NATURAL GAS STORAGE REPORT-U.S. ENERGY INFORMATION ADMINISTRATION
a) Ref Price A - Description
"NATURAL GAS-WEEKLY NATURAL GAS STORAGE REPORT-U.S. ENERGY INFORMATION ADMINISTRATION" shall mean that the price for a Pricing Date will be that day's Specified Price of natural gas for the Delivery Date, stated in billion cubic feet (BCF), published on the EIA website: http://ir.eia.gov/ngs/ngs.html
b) Ref Price A - Pricing Date
First publication date of the Contract Period
c) Ref Price A - Specified Price
Total Change
d) Ref Price A - Pricing calendar
EIA
e) Ref Price A - Delivery Date
Week ending on the Friday prior to the Contract Period
Final Payment Date
Five (5) New York Business Days after each settlement date via wire transfer of Federal Funds.
Other Terms
To be confirmed directly between the parties in their full form of contract. The terms reflected in such contracts shall be controlling.
MIC Code
ICES
Clearing Venues
IEPA
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Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:05 PM*
19:50 - 18:05
7:40 PM
19:40
London12:50 AM - 11:05 PM*
00:50 - 23:05
12:40 AM
00:40
Singapore8:50 AM - 7:05 AM*
08:50 - 07:05
8:40 AM
08:40

*Next Day

Codes

Clearing Admin Name
EIA
Physical
Logical
GMI(FC)
R&N A.C.N.