ICE NGX TCPL Iroquois Physical Basis LD1

ICE NGX

Physical Natural Gas delivered firm at specified location for a pre-determined premium/discount applied to the specified Index Price Reference.

Trading Screen Product Name: NGX Phys FUT, BS, LD1 (US/MM)
Trading Screen Hub Name: TCPL - Iroquois
Contract Symbol: XCI
Contract Size: 100 MMBTus
Quotation: Net quantity as volume per day and determined by multiplying the listed volume by the number of days in the Contract.
Currency: US Dollars and cents
Minimum Price Fluctuation: $.0025 per MMBtu
Maximum Price Fluctuation: No limits
Last Trading Day: Three business days prior to the first calendar day of the delivery month
Price: Premium/Discount to referenced index price
Daily Settlement: Daily settlement will be determined by Intercontinental Exchange, Inc. using price data from a number of sources including spot, forward, and derivative markets for both physical and financial products.
Final Settlement: The average price as determined by Exchange in accordance with the ICE NGX Price Index Methodology Guide and published each day on Exchange's website.
Position Limit: None
MIC Code: NGXC
Clearing Venues

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