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ICE Futures U.S.

AB NIT Swing Future

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 DA Futures (US/MM)
Trading Screen Hub Name
AB-NIT
Contract Symbol
ASS
Settlement Method
Cash settlement
Contract Size
2500 MMBtus
Currency
USD
Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
Listing Cycle
Up to 65 consecutive daily Contract Periods
Last Trading Day
The Business Day prior to the Contract Period
Final Settlement
Reference Price A
REFERENCE PRICE A
NATURAL GAS NGX AB-NIT DAY AHEAD (US$/MMBTU)-CANADIAN GAS PRICE REPORTER
a) Ref Price A - Description
"NATURAL GAS NGX AB-NIT DAY AHEAD (US$/MMBTU)-CANADIAN GAS PRICE REPORTER" means that the price for a Pricing Date will be that day's Specified Price per MMBTU of natural gas for delivery on the Delivery Date, stated in U.S. Dollars, published under the heading "NGX AB-NIT Day Ahead Index: Avg. Price US$/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 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 second Canadian business day following the Last Trading Day
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
London11:50 PM - 10:00 PM*
23:50 - 22:00
11:40 PM
23:40
Singapore7:50 AM - 6:00 AM*
07:50 - 06:00
7:40 AM
07:40

*Next Day

Sunday Pre-Open 5:10 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Canada Swing
Physical
ASS
Logical
ASS
GMI (FC)
YV
ION A.C.N.
QM79
Symbol Code
ASS