ICE OTC

EGT Flex Physical Gas Daily Spot

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

Trading Screen Product Name: NG Firm Phys, ID, GDD
Trading Screen Hub Name: EGT-Flex
Commodity Code: XXL
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 Fluctuation: $0.0025 per MMBtu
Maximum Price Fluctuation: 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 Limit: None
MIC Code: IEPA
Clearing Venues: NGX