- Trading Screen Product Name
- French PEG Natural Gas Futures
- Trading Screen Hub Name
- PEG
- Contract Symbol
PEG
- Contract Series
Up to 156 consecutive month contracts, or as otherwise determined
by ICE Endex. Quarterly, seasonal, calendar, and any period of
consecutive monthly contracts can be registered as a
strip
- Contract Size
1 MWh per day in contract period (i.e. month, quarter, season or
year)
- Unit of Trading
1 MWh/day
- Minimum Trading Size
Futures: 5 lots = 5 MWh per day
Exchange for Physical (EFP): 1 lot = 1 MWh per day
Exchange for Swap (EFS): 1 lot = 1 MWh per day
Block Order: 1 lot = 1 MWh per day
- Price Quotation
The contract price is in Euros and Euro cents per MWh
- Minimum Price Fluctuation
0.5 Euro Cent per MWh (€0.005/MWh)
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Flux.
- Last Trading Day
Trading will cease at the close of business two UK Business Days
prior to the first calendar day of the delivery month, quarter,
season, or calendar.
- Settlement Method
Physical Delivery
- Exchange Delivery Settlement Price
Will be the end of day Settlement Price on the Last Trading Day of
the contract.
- Delivery Terms
Matching Acquiring and Disposing Trade Nominations (buyer from
ICEU, seller to ICEU) are input by ICE to the operator of the
virtual trading point GRTgaz via Edig@s before 13:00 (CET) on each
business day prior to the commencement of the delivery period.
Delivery takes place in kilowatt-hours per hour.
- Exchange Rulebook
- MIC Code
- NDEX
- Clearing Venues
- ICEU