Gulf Coast LNG (Platts) Future63127250

Description

A monthly cash settled Future based upon the monthly price published by Platts for the location specified in Reference Price A.

Market Specifications

Trading Screen Product Name
LNG (Platts) Futures
Trading Screen Hub Name
Gulf Coast
Commodity Code
GCL
Settlement Method
Cash Settlement
Contract Size
2500 MMBtus
Currency
USD
Minimum Price Fluctuation
The price quotation convention shall be One tenth of a cent ($0.001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
Listing Cycle
Up to 72 consecutive monthly Contract Periods, or as otherwise determined by the Exchange
Last Trading Day
Three Business Days prior to the first calendar day of the Contract Period
REFERENCE PRICE A
PLATTS FOB GULF COAST MARKER (GCM)
a) Ref Price A - Description
"PLATTS GULF COAST MARKER (GCM)" means that the price for a Pricing Date will be that day's Specified Price per MMBTU of natural gas for delivery on the Delivery Date, stated in U.S. Dollars, published under the heading "PLATTS DAILY LNG MARKERS ($/MMBtu): FOB Gulf Coast Marker (GCM)" in the issue of LNG Daily that reports prices effective on that Pricing Date.
b) Ref Price A - Pricing Date
Three Business Days prior to the first calendar day of the Contract Period
c) Ref Price A - Specified Price
Settlement Price
d) Ref Price A - Pricing calendar
ICE
e) Ref Price A - Delivery Date
Contract Period
Final Payment Date
The first Clearing Organization business day following the Last Trading Day
MIC Code
IFED
Clearing Venues
ICEU
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Trading Hours

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

*Next Day

Sunday Pre-Open 5:40 PM ET; Closed on Saturday

Codes

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