Asset Class Navigation

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
Hours
(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.

Futures & Options Trading

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

Idea Exchange

Idea Exchange is your direct link to the product managers, marketers, and the development teams who create cmegroup.com and will allow you to review functionality, participate in focus and provide feedback on upcoming Web initiatives

Contact Us

CME Group/Chicago HQ:
Local: +1 312 930 1000
Toll Free: +1 866 716 7274

Global Customer Contacts

More CME Group Direct Lines
Phone list by department

Global Partnerships

Global

Global Offices Contact Information

 
Calgary Houston Chicago New York Washington São Paulo Belfast London Singapore Hong Kong Seoul Tokyo Beijing

© 2014 CME Group Inc. All rights reserved.

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, and COMEX.