- Trading Screen Product Name
- LNG (Platts) Last Day Future
- Trading Screen Hub Name
- Gulf Coast
- Contract Symbol
GCL
- Settlement Method
Cash Settlement
- Contract Size
10,000 MMBtu
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One tenth of a cent
($0.001) per MMBtu; minimum price fluctuation may vary by trade
type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 72 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange
- Last Trading Day
Three Business Days prior to the first calendar day of the Contract
Period
- REFERENCE PRICE A
FOB Gulf Coast Marker (GCM)
- a) Ref Price A - Description
"FOB Gulf Coast Marker (GCM)" means that the price for a Pricing
Date will be that day's Specified Price in US dollar per MMBTU for
delivery on the Delivery Date, as published in "Platts LNG Daily"
under the heading "PLATTS DAILY LNG MARKERS ($/MMBtu)", subheading
"FOB Gulf Coast Marker (GCM)" for "GCM (month)" in the issue of
"Platts 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