| SoCal Gas City-Gate Natural Gas (Platts IFERC) Fixed Price Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | SGW | ||||
| Venue | CME Globex, CME ClearPort, Open Outcry (New York) | ||||
| Hours (All Times are New York Time/ET) |
CME Globex: | Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT) | |||
| CME ClearPort: | Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT) | ||||
| Open Outcry: | Monday – Friday 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT) | ||||
| Contract Unit | 2,500 MMBtu | ||||
| Price Quotation | U.S. dollars and cents per MMBtu | ||||
| Minimum Fluctuation | $0.0001 per MMBtu | ||||
| Floating Price | The Floating Price for each contract month will be equal to the bidweek price (average) ("Bidweek Price") for the SoCal Gas city-gate under the California heading found in Platts Inside Ferc (IFERC) Gas Market Report, “Market Center Spot Gas Prices” for the corresponding contract month. | ||||
| Termination of Trading | The contract shall terminate on the last business day of the month prior to the contract month. | ||||
| Listed Contracts | The current year and the next five years. | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 914 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||