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Description

A monthly cash settled Exchange Futures Contract based upon the monthly price published by NYMEX for the location specified in Reference Price A.

Market Specifications

Trading Screen Product Name

NG Pen Futures ICE Lots

Trading Screen Hub Name

Henry

Contract Symbol

PHH is the contract symbol for Henry Penultimate Fixed Price Future
PHE is the contract symbol for the Option on Henry Penultimate Fixed Price Future

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 84 consecutive monthly Contract Periods, or as otherwise determined by the Exchange.

Last Trading Day

Four Business Days prior to the first calendar day of the Contract Period

Final Settlement

Reference Price A

REFERENCE PRICE A

NATURAL GAS-NYMEX

a) Ref Price A - 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 A - Pricing Date

One Business Day prior to the last scheduled trading day of the NYMEX Henry Hub Natural Gas Futures Contract for the Delivery Date

c) Ref Price A - Specified Price

Settlement price

d) Ref Price A - Pricing calendar

NYMEX

e) Ref Price A - Delivery Date

Contract Period

Final Payment Date

The first Clearing Organization business day following the Last Trading Day

MIC Code

IFED

Clearing Venues

ICEU

Trading Hours

Codes