ICE Futures U.S.

AB NIT 5a Swing Future (US/MM)

AB NIT 5a Swing Future (US/MM)64286868

Description

A daily cash settled Exchange Futures Contract based upon the daily price published by Canadian Gas Price Reporter for the location specified in Reference Price A

Market Specifications

Trading Screen Product Name
NG Swing NGX 5a Futures (US/MM)
Trading Screen Hub Name
AB-NIT
Commodity Code
NG5
Settlement Method
Cash settlement
Contract Size
2500 MMBtus
Currency
USD
Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
Listing Cycle
Up to 65 daily Contract Periods, or as otherwise determined by the Exchange
Last Trading Day
The Business Day prior to the Contract Period
REFERENCE PRICE A
NATURAL GAS-NGX AB-NIT 5a (US$/MMBTU)-CANADIAN GAS PRICE REPORTER
a) Ref Price A - Description
"NATURAL GAS-NGX AB-NIT 5a (US$/MMBTU)-CANADIAN GAS PRICE REPORTER" means that the price for a Pricing Date will be that day's Specified Price per MMBTU of natural gas for delivery on the Delivery Date, stated in U.S. Dollars, published under the heading "NGX AB-NIT 5a Index: Avg. Price US$/MMBtu" in the issue of Canadian Gas Price Reporter that reports prices effective for that Pricing Date.
b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery DateEach day that prices are reported for the Delivery Date
c) Ref Price A - Specified Price
Average
d) Ref Price A - Pricing calendar
Canadian Gas Price Reporter
e) Ref Price A - Delivery Date
Contract Period
Final Payment Date
The Clearing Organization business day following the first Canadian business day following the last Business Day of the Contract Period.
MIC Code
IFED
Clearing Venues
ICEU

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
Singapore7:50 AM - 6:00 AM*
07:50 - 06:00
7:40 AM
07:40

*Next Day

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

Codes

Clearing Admin Name
Swing Master
Physical
NG5
Logical
NG5
GMI(FC)
R&N A.C.N.