- Trading Screen Product Name
- NG IF Futures
- Trading Screen Hub Name
- TGP-500L
- Contract Symbol
TFK
- Settlement Method
Cash settlement
- Contract Size
2500 MMBtus
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent
($0.0001) per MMBtu; minimum price fluctuation may vary by trade
type. Please see Table in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 60 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange.
- Last Trading Day
The last Business Day prior to the first calendar day of the
Contract Period
- Final Settlement
Reference Price A
- REFERENCE PRICE A
NATURAL GAS-TENNESSEE GAS (LOUISIANA, 500 LEG)-INSIDE FERC
- a) Ref Price A - Description
"NATURAL GAS-TENNESSEE GAS (LOUISIANA, 500 LEG)" means that the
price for a Pricing Date will be that day's Specified Price per
MMBTU of natural gas for delivery on the Delivery Date, stated in
U.S. Dollars, published under the heading "Monthly Bidweek Spot Gas
Prices ($/MMBtu): Louisiana/Southeast: Tennessee, Louisiana 500
Leg: Index" in the issue of Inside FERC that reports prices
effective on that Pricing Date.
- 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