ICE Futures U.S.

Panhandle Fixed Price Future

Panhandle Fixed Price Future6590261

Description

A monthly cash settled Exchange Futures Contract based upon the monthly price published by Inside FERC for the location specified in Reference Price A.

Market Specifications

Trading Screen Product Name
NG IF Futures
Trading Screen Hub Name
Panhandle
Commodity Code
OPP
Settlement Method
Cash settlement
Contract Size
2500 MMBtus
Currency
USD
Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
Listing Cycle
Up to 60 consecutive monthly Contract Periods
Last Trading Day
The last Business Day prior to the first calendar day of the Contract Period
Final Settlement
Reference Price A
REFERENCE PRICE A
NATURAL GAS-PEPL (TEXOK MAINLINE)-INSIDE FERC
a) Ref Price A - Description
"NATURAL GAS-PEPL (TEXOK MAINLINE)-INSIDE FERC" means that the price for a Pricing Date will be that day's Specified Price per MMBTU of natural gas for delivery on the Delivery Date, stated in U.S. Dollars, published under the heading "Prices of Spot Gas Delivered to Pipelines ($/MMBtu): Panhandle Eastern Pipe Line Co.: Texas, Oklahoma (mainline): Index" in the issue of Inside FERC that reports prices effective on that Pricing Date.
b) Ref Price A - Pricing Date
First publication date of the Contract Period
c) Ref Price A - Specified Price
Index
d) Ref Price A - Pricing calendar
Inside FERC
e) Ref Price A - Delivery Date
Contract Period
Final Payment Date
The third Clearing Organization 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
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
Basis Master
Physical
OPP
Logical
OPP
GMI(FC)
7K-PY
R&N A.C.N.