- Trading Screen Product Name
- NG Basis LD1 for IF Futures
- Trading Screen Hub Name
- Panhandle
- Contract Symbol
PAN
- Settlement Method
Cash settlement
- Contract Size
2500 MMBtus
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 120 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange.
- Last Trading Day
The last Business Day prior to the first calendar day of the Contract Period
- Final Settlement
Reference Price A minus Reference Price B
- REFERENCE PRICE A
NATURAL GAS-PEPL (TEXOK MAINLINE)-INSIDE FERC
- a) Ref Price A - Description
"NATURAL GAS-PEPL (TEXOK MAINLINE)-INSIDE FERC" means that the
price for a Pricing Date will be that day's Specified Price per
MMBTU of natural gas for delivery on the Delivery Date, stated in
U.S. Dollars, published under the heading "Monthly Bidweek Spot Gas
Prices ($/MMBtu): Midcontinent: Panhandle, Tx.-Okla. : 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 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
- REFERENCE PRICE B
NATURAL GAS-NYMEX
- a) Ref Price B - Description
"NATURAL GAS-NYMEX" means that the price for a Pricing Date will be that day's Specified Price per MMBtu of natural gas on the NYMEX of the Henry Hub Natural Gas Futures Contract for the Delivery Date, stated in U.S. Dollars, as made public by the NYMEX on that Pricing Date.
- b) Ref Price B - Pricing Date
Last scheduled trading day of the NYMEX Henry Hub Natural Gas Futures Contract for the Delivery Date
- c) Ref Price B - Specified Price
Settlement price
- d) Ref Price B - Pricing Calendar
NYMEX
- e) Ref Price B - Delivery Date
Contract Period
- Final Payment Date
The third Clearing Organization business day following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU