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Pine Prairie Physical Natural Gas Monthly Futures Contract Specs

Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Futures
Code PPM
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 no 1:00 p.m. (12:00 p.m. Chicago Time/CT) session on Friday and a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort: 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 no 1:00 p.m. (12:00 p.m. Chicago Time/CT) session on Friday and a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
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
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 229
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.