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Description

Will the EIA implied flow estimate for the weekly storage report be higher than the Early View Average published by The Desk (Scudder Publishing) ?

Market Specifications

Trading Screen Product Name

ICE EIA Natural Gas Storage - Above Early View (The Desk)

Trading Screen Hub Name

ICEU

Underlying Index

U.S. EIA Weekly Natural Gas Storage Report – Implied Flow

Contract

EIA Natural Gas Storage – Above Early View (The Desk)

Question

Will the EIA implied flow estimate for the weekly storage report be higher than the Early View Average published by The Desk (Scudder Publishing) ?

Contract Symbol

EWP

Index Calculation Agent

U.S. Energy Information Administration (EIA)

Currency

USD$

Contract Size

$100

Unit of Trading

One futures contract

Minimum Tick

$0.01 (one cent) per contract

Minimum Price Fluctuation

$1.00 per contract

Delivery Month

1 weekly delivery period covering EIA storage report release date

Minimum price movement (tick size and value)

$0.01 (one cent) per contract.

Price Limits

$0.01 floor / $0.99 cap

Minimum EDSP Price Increment

$0.01

Last Trading Day

The standard release time is 10:30 am EPT on Thursdays, with the following exceptions listed on their website. EIA Weekly Natural Gas Storage Report Schedule

Final Settlement

Equal to the Last trading Day

Final Payment Date

T+1 (one business day following the Last Trading Day of the relevant Delivery Period)

EDSP / Settlement Methodology

$1.00: The EIA implied flow estimate is strictly greater than the Early View Projection published by The Desk.

$0.00: The EIA implied flow estimate is equal to or less than the Early View Projection published by The Desk.

The value of the Underlying, quoted in Bcf, as published by the U.S. Energy Information Administration on the Expiration Date at the Expiration Time as compared to the value of the Early View survey, in Bcf.

EIA Storage Report Release Time [HD1.1]

The standard release time is 10:30 am EPT on Thursdays, with the following exceptions listed on their website. EIA Weekly Natural Gas Storage Report Schedule

Instructions / Data Access

Weekly Natural Gas Storage Report – U.S. Energy Information Administration.
EIA Weekly Natural Gas Storage Report Schedule

MIC Code

IFED

Clearing Venues

ICEU

Trading Hours

Codes