- Trading Screen Product Name
- Propane OPIS Futures
- Trading Screen Hub Name
- Edmonton
- Contract Symbol
EDO
- Settlement Method
Cash settlement
- Contract Size
1,000 barrels
- Currency
US Dollars and cents
- Minimum Price Fluctuation
The price quotation convention shall be One thousandth of a cent
($0.00001) per gallon; minimum price fluctuation may vary by trade
type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 72 consecutive monthly Contract Periods
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
NGL-EDMONTON PROPANE-OPIS
- a) Ref Price A - Description
"NGL-EDMONTON PROPANE-OPIS" means that the price for a Pricing Date
will be that day's Specified Price per gallon of propane for
delivery on the Delivery Date, stated in U.S. cents, published
under the heading "OPIS Edmonton Spot Gas Liquids Prices: Propane:
Any Current Month" in the issue of OPIS 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
Price
- d) Ref Price A - Pricing calendar
OPIS
- e) Ref Price A - Delivery Date
Contract month
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU