- Trading Screen Product Name
- NG Index NGI for GDD Futures
- Trading Screen Hub Name
- Chicago
- Contract Symbol
CIS
- Settlement Method
Cash settlement
- Contract Size
2500 MMBtus
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 120 consecutive monthly Contract Periods
- Last Trading Day
The last Business Day prior to the first calendar day of the Contract Period
- Final Settlement
Average of the Reference Price A prices minus Reference Price B
- REFERENCE PRICE A
NATURAL GAS-CITYGATES (CHICAGO)-GAS DAILY
- a) Ref Price A - Description
"NATURAL GAS-CITYGATES (CHICAGO)-GAS DAILY" means that the price
for a Pricing Date will be that day's Specified Price per MMBTU of
natural gas for delivery on the Delivery Date, stated in U.S.
Dollars, published under the heading "Daily Price Survey ($/MMBtu):
Upper Midwest: Chicago city-gates: Midpoint" in the issue of Gas
Daily that reports prices effective on 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
Midpoint
- d) Ref Price A - Pricing calendar
Gas Daily
- e) Ref Price A - Delivery Date
Each calendar day in the Contract Period
- REFERENCE PRICE B
NATURAL GAS-MIDWEST (CHICAGO CITYGATE)-NGI
- a) Ref Price B - Description
"NATURAL GAS-MIDWEST (CHICAGO 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: Midwest: Chicago Citygate: avg." in the issue of NGI's Bidweek Survey that reports prices effective on that Pricing Date.
- b) Ref Price B - Pricing Date
First publication date of the Contract Period
- c) Ref Price B - Specified Price
Average
- d) Ref Price B - Pricing Calendar
NGI
- e) Ref Price B - Delivery Date
Contract Period
- Final Payment Date
The third Clearing Organization business day following the last Business Day of the Contract Period
- MIC Code
- IFED
- Clearing Venues
- ICEU