Chicago Fixed Price Future

ICE Futures U.S.

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

Trading Screen Product Name: NG NGI Futures
Trading Screen Hub Name: Chicago
Contract Symbol: CFB
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 60 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
REFERENCE PRICE A: NATURAL GAS-MIDWEST (CHICAGO CITYGATE)-NGI
a) Ref Price A - Description: 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 A - Pricing Date: First publication date of the Contract Period
c) Ref Price A - Specified Price: Index
d) Ref Price A - Pricing calendar: NGI
e) Ref Price A - Delivery Date: Contract Period
Final Payment Date: The third Clearing Organization business day following the Last Trading Day.
MIC Code: IFED
Clearing Venues: ICEU

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