We hereby confirm that, acting as agent on your instructions, we have arranged the following deal on your behalf:
| Trade Date: |
November 1, 2024
1:02:13 AM GMT
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| Commodity Type: |
Firm-LD Peak
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| Buyer: |
Sample Clearer 2
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| Seller: |
ABC Company
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| Strip: |
XXX24
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| Effective Date: |
Oct 31, 2024
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| Termination Date: |
Oct 31, 2024
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| Delivery Point: |
ERCOT Houston 345kV Hub HE 0700-HE 2200
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| Total Lots: |
0
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| Total Quantity: |
0
MWh
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| Quantity: |
0
MWh
Hourly
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| Delivery Period: |
The Effective Date through the Termination Date
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Schedule:
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Monday - Friday HE 07:00 - HE 22:00 CPT Excluding NERC Holidays
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Settlement:
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Daily settlement will be determined by IntercontinentalExchange, Inc. using price data from a number of sources including spot, forward, and derivative markets for both physical and financial products.
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Settlement Date:
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Last Trading Day will be the Business Day preceding the Effective Date.
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Payment Date:
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Payment is due on the 25th day of the month following the Delivery Period by wire transfer of Federal Funds unless otherwise stated by ICE NGX Canada Inc.'s Contracting Party's Agreement as amended from time to time.
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Other Terms:
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The subject transaction is a future traded and cleared through ICE NGX. This transaction is governed by ICE NGX Canada Inc.'s Contracting Party's Agreement as amended from time to time. ICE NGX Operations/Help Desk may be reached at 888-NGX (649)-5888 or 403-974-HELP (4357).
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IntercontinentalExchange, Inc. trusts that the above correctly reflects your understanding of the deal in question and thanks you for this opportunity to be of service. Please note that the role of IntercontinentalExchange, Inc. is to introduce potential counterparties by electronically broadcasting orders via the trading system, which matches bids and offers based upon counterparty parameters established by Participants. IntercontinentalExchange, Inc. is not responsible for, nor is the trading system a substitute for, your judgment and determination as to the merits of the terms, provisions or contingencies applicable to the transaction or the underlying product. Furthermore, IntercontinentalExchange, Inc. is not responsible for the financial condition and/or performance of either counterparty in this deal. Certain of the products traded refer to commodity price indices published by third parties. IntercontinentalExchange, Inc. has no affiliation with such third party index publishers and accepts no liability or responsibility with respect to any errors or omissions of such publishers.
IntercontinentalExchange, Inc. makes order flow incentive payments to brokers in connection with trade give-up processing. The rates presently in effect with respect to such order flow incentive payments can be found at
www.ice.com. In certain circumstances, IntercontinentalExchange, Inc. may make the continued availability of the order flow incentive payment program contingent on brokers attaining certain volume levels with respect to trade give-ups. Your brokers are contractually obligated to make available to you information regarding any order flow incentive payments they have received from IntercontinentalExchange, Inc. in connection with trade give-up processing, and such information can be obtained through written request to IntercontinentalExchange, Inc. in accordance with the terms of the Participant Agreement.