- Trading Screen Product Name
- UK Natural Gas Last Day Futures (USD/MMBtu)
- Trading Screen Hub Name
- NBP
- Contract Symbol
UNF
- 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.
- Listing Cycle
78-83 consecutive months.
11-13 consecutive qtrs. Quarters are strips of three individual
and consecutive contract months. Quarters always comprise a strip
of Jan-Mar, Apr-Jun, Jul- Sep or Oct-Dec.
13-14 consecutive European gas seasons. European gas Seasons are
strips of six individual and consecutive contract months and
comprise a strip of Apr-Sep or Oct-Mar.
13-14 consecutive US gas seasons. US winter seasons are strips of
five individual and consecutive contract months. US winter seasons
always comprise a strip of Nov-Mar. US summer seasons are strips of
seven individual and consecutive contract months and comprise a
strip of Apr-Oct.
6 consecutive years.
- Last Trading Day
Trading will cease at the close of business two Business Days prior
to the first calendar day of the delivery month, quarter, season or
calendar year.
- Final Settlement
Reference Price A
- REFERENCE PRICE A
UK Natural Gas NBP Future (M) - ICE Futures Europe
- a) Ref Price A - Description
"UK Natural Gas NBP Future (M) - ICE Futures Europe " means that
the price for a Pricing Date will be that day's Specified Price per
MMBTU of natural gas on ICE Futures Europe for the UK Natural Gas
NBP Future Contract (M) for the Delivery Date, stated in pence
Sterling per therm, as made public by ICE Futures Europe on that
Pricing Date. The price for a Pricing Date is converted to United
States dollar (USD) using the WMR Closing GBPUSD Spot Rate as
published by Refinitiv at 4 pm UK time. When there is no WMR
Closing GBPUSD Spot Rate published, the next previous
- b) Ref Price A - Pricing Date
Last scheduled trading day of the ICE Futures Europe UK Natural Gas
NBP Futures (M) Futures Contract for the Delivery Date.
- c) Ref Price A - Specified Price
Settlement price
- d) Ref Price A - Pricing calendar
ICE Futures Europe
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
The first Clearing Organization business day following the Last
Trading Day.
- Disclaimer
The WMR Closing Spot Rate is used under license from Refinitiv. The
use of the WMR Closing Spot Rate does not imply or express any
approval or endorsement by Refinitiv of the products listed on the
Exchange. The WMR Closing Spot Rate is proprietary to Refinitiv.
- MIC Code
- IFED
- Clearing Venues
- ICEU