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Description

A monthly cash settled Exchange Futures Contract based upon the monthly price published by Inside FERC for the location specified in Reference Price A.

Market Specifications

Trading Screen Product Name

NG IF Futures

Trading Screen Hub Name

NGPL-STX

Contract Symbol

NSV

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 60 consecutive monthly Contract Periods, or as otherwise determined by the Exchange.

Last Trading Day

The last Business Day prior to the first calendar day of the Contract Period

Final Settlement

Reference Price A

REFERENCE PRICE A

NATURAL GAS-NGPL (SOUTH TEXAS)-INSIDE-FERC

a) Ref Price A - Description

"NATURAL GAS-NGPL (SOUTH TEXAS)-INSIDE-FERC" 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 "Monthly Bidweek Spot Gas Prices ($/MMBtu): East Texas: NGPL, STX: Index" in the issue of Inside FERC that reports prices effective on that Pricing Date. First publication date of the Contract Period

b) Ref Price A - Pricing Date

First publication date of the Contract Period

c) Ref Price A - Specified Price

Index

d) Ref Price A - Pricing calendar

Inside FERC

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

Related Products

• NGPL STX Index Future
• NGPL STX Basis Future
• NGPL STX Swing Future

Trading Hours

Codes