- Trading Screen Product Name
- NG Swing GDD Futures
- Trading Screen Hub Name
- Kern Delivered
- Contract Symbol
KSS
- Settlement Method
Cash settlement
- Contract Size
2500 MMBtus
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent
($0.0001) per MMBtu; minimum price fluctuation may vary by trade
type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 65 consecutive daily Contract Periods, or as otherwise
determined by the Exchange
- Last Trading Day
The Business Day prior to the Contract Period
- Final Settlement
Reference Price A
- REFERENCE PRICE A
NATURAL GAS-KERN, DELIVERED-GAS DAILY
- a) Ref Price A - Description
“NATURAL GAS-KERN, DELIVERED-GAS DAILY" means that the price
for a Pricing Date will be that day's Specified Price per MMBTU of
natural gas for delivery on the Delivery Date, stated in U.S.
Dollars, published under the heading "Final Daily Gas Indices
($/MMBtu): Southwest, Kern River, delivered: 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
Contract Period
- Final Payment Date
The third Clearing Organization business day following the Last
Trading Day.
- MIC Code
- IFED
- Clearing Venues
- ICEU