AB NIT 5a Swing Future (US/MM)64286868
ICE Futures U.S.
AB NIT 5a Swing Future (US/MM)
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 5a Futures (US/MM)
- Trading Screen Hub Name
- AB-NIT
- Contract Symbol
- NG5
- Settlement Method
- Cash settlement
- Contract Size
- 2500 MMBtus
- Currency
- USD
- Minimum Price Fluctuation
- The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
- Up to 65 daily Contract Periods, or as otherwise determined by the Exchange
- Last Trading Day
- The Business Day prior to the Contract Period
- REFERENCE PRICE A
- NATURAL GAS-NGX AB-NIT 5a (US$/MMBTU)-CANADIAN GAS PRICE REPORTER
- a) Ref Price A - Description
- "NATURAL GAS-NGX AB-NIT 5a (US$/MMBTU)-CANADIAN GAS PRICE REPORTER" means that the price for a Pricing Date will be that day's Specified Price per MMBTU of natural gas for delivery on the Delivery Date, stated in U.S. Dollars, published under the heading "NGX AB-NIT 5a Index: Avg. Price US$/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 first Canadian business day following the last Business Day of the Contract Period.
- MIC Code
- IFED
- Clearing Venues
- ICEU
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Canada Swing
- Physical
- NG5
- Logical
- NG5
- GMI (FC)
- JB
- ION A.C.N.
- Symbol Code
- NG5