| SoCal Natural Gas (Platts IFERC) Fixed Price Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | XN | ||||
| 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 Southern California Gas Co.”SoCal” 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 | Trading shall cease 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 | 507 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||