- Trading Screen Product Name
- Dutch TTF Natural Gas 1st Line Financial Balmo Futures (USD/MMBTU)
- Trading Screen Hub Name
- TTF
- Contract Symbol
TFB
- Contract Series
1 Balance of Month contract.
- Contract Size
10,000 MMBtu
- Unit of Trading
Any multiple of 10,000 MMBtu
- Minimum Trading Size
Futures: 1 lot = 10,000 MMBtu
Exchange for Physical (EFP): 1 lot = 10,000 MMBtu
Exchange for Swap (EFS): 1 lot = 10,000 MMBtu
Block Order: 5 lot = 50,000 MMBtu
- Price Quotation
The contract price is in United States dollar and cent per MMBTU
- Minimum Price Fluctuation
One tenth of one cent per MMBtu ($0.001/MMBtu)
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Flux
- Last Trading Day
Trading will cease at the end of the designated settlement period
three UK Business Days prior to the first calendar day of the
delivery period.
- Settlement Method
Financially Settled
- Cash Settlement Price
The final settlement price for a Dutch TTF Gas 1st Line Financial
Balmo Futures (USD/MMBTU) contract is calculated as the arithmetic
mean of the settlement prices as published by ICE Endex for the
Dutch TTF Gas Futures (TFM) for each publication day starting from
the next publication day after the Transaction was concluded until
the end of the determination period.
The determination period ends two UK Business Days prior to the
first calendar day of the delivery period. If that day is not a
business day, the determination period ends on the next preceding
business day.
Every settlement price is converted from Euro to United States
dollar (USD) using the WM/Refinitiv Closing EURUSD Spot Rates as
published by Refinitiv at 4 pm UK time on the day the settlement
price was published by the ICE Endex. When there is no WM/Refinitiv
Closing EURUSD Spot Rate published, the next previous WM/Refinitiv
Closing EURUSD Spot Rate as published by Refinitiv will be used for
settlement purposes
- Exchange Rulebook
- MIC Code
- IFEU
- Clearing Venues
- ICEU