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Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Basis Futures Contract Specs

Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Basis Futures
Code PPE
Venue CME Globex, CME ClearPort
(All Times are New York Time/ET)
CME Globex: Sunday 6:00 p.m. - Monday 11:30 a.m. (5:00 p.m. -10:30 a.m. Chicago Time/CT), Monday - Thursday 1:00 p.m. - 11:30 a.m. (12:00 p.m. - 10:30 a.m. Chicago Time/CT) the following day, with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT). No Friday afternoon session.
CME ClearPort:
Contract Unit 2500 MMBtu. Transaction sizes shall be restricted to whole number multiples of the number of days in the delivery period.
Pricing Quotation U.S. dollars and cents per MMBtu.
Minimum Price Increment $0.0025 per MMBtu
Termination of Trading Trading will terminate at 11:30 a.m. (10:30 a.m. Chicago Time/CT) on the business day prior to the first day of the delivery period.
Listed Contracts 24 consecutive months
Settlement Type Physical. Gas will be delivered at the sum of the settlement prices for the Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Basis Futures and Henry Hub Natural Gas Swap Futures.
Grade and Quality Specifications Natural Gas meeting the specifications set forth in the FERC approved tariff of Pine Prairie Energy Center as then in effect at the time of delivery shall be deliverable in satisfaction of futures contract delivery obligations.
Position Limits NYMEX Position Limits
Rulebook Chapter 1107
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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