- Trading Screen Product Name
- NG Index IF for GDD Futures
- Trading Screen Hub Name
- Panhandle
- Contract Symbol
PIS
- Settlement Method
Cash settlement
- Contract Size
2500 MMBtus
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 120 consecutive monthly Contract Periods
- Last Trading Day
The last Business Day prior to the first calendar day of the Contract Period
- Final Settlement
Average of the Reference Price A prices minus Reference Price B
- REFERENCE PRICE A
NATURAL GAS-OKLAHOMA (PANHANDLE)-GAS DAILY
- a) Ref Price A - Description
"NATURAL GAS-OKLAHOMA (PANHANDLE)-GAS DAILY" means that the price
for a Pricing Date will be that day's Specified Price per MMBTU of
natural gas for delivery on the Delivery Date, stated in U.S.
Dollars, published under the heading "Daily Price Survey ($/MMBtu):
Midcontinent: Panhandle, Tx.-Okla.: 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-PEPL (TEXOK MAINLINE)-INSIDE FERC
- a) Ref Price B - 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 B - Pricing Date
First publication date of the Contract Period
- c) Ref Price B - Specified Price
Index
- d) Ref Price B - Pricing Calendar
Inside FERC
- 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