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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 DA Futures (US/MM)

Trading Screen Hub Name

AB-NIT

Contract Symbol

ASS

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 consecutive daily Contract Periods

Last Trading Day

The Business Day prior to the Contract Period

Final Settlement

Reference Price A

REFERENCE PRICE A

NATURAL GAS NGX AB-NIT DAY AHEAD (US$/MMBTU)-CANADIAN GAS PRICE REPORTER

a) Ref Price A - Description

"NATURAL GAS NGX AB-NIT DAY AHEAD (US$/MMBTU)-CANADIAN GAS PRICE REPORTER" means that the price for a Pricing Date will be that day's Specified Price per MMBTU of natural gas for delivery on the Delivery Date, stated in U.S. Dollars, published under the heading "NGX AB-NIT Day Ahead Index: Avg. Price US$/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 second Canadian business day following the Last Trading Day

MIC Code

IFED

Clearing Venues

ICEU

Related Products

• AB NIT Basis Future
• Option on AB NIT Fixed Price Future
• AB NIT Fixed Price Future
• AB NIT Index Future

Trading Hours

Codes