- Trading Screen Product Name
- NG NGI Futures
- Trading Screen Hub Name
- Socal-Citygate
- Contract Symbol
CVL
- 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, or as otherwise
determined by the Exchange
- 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-CALIFORNIA (SOCAL CITYGATE)-NGI
- a) Ref Price A - Description
"NATURAL GAS-CALIFORNIA (SOCAL CITYGATE)-NGI" 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 "Spot Gas Prices: California:
SoCal Citygate: avg." in the issue of NGI's Bidweek Survey 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
Average
- d) Ref Price A - Pricing calendar
NGI
- 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