- Trading Screen Product Name
- UK Natural Gas Last Day Futures (USD/MMBtu)
- Trading Screen Hub Name
- Commodity Code
- Settlement Method
- Contract Size
- 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
- 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
- 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
State dollar (USD) using the WM/Reuters Closing GBPUSD Spot Rates
as published by Refinitiv at 16:00 GMT.
- 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
- d) Ref Price A - Pricing calendar
ICE Futures Europe
- e) Ref Price A - Delivery Date
- Final Payment Date
The first Clearing Organization business day following the Last
The WM/Reuters Closing Spot Rate is used under license from
Refinitiv. The use of the WM/Reuters Closing Spot Rate does not
imply or express any approval or endorsement by Refinitiv of the
products listed on the Exchange. The WM/Reuters Closing Spot Rate
is proprietary to Refinitiv.
- MIC Code
- Clearing Venues