• New Product Summary for Quote Vendors - Natural Gas products Swap Futures

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      • Quote Vendors
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      • Market Data Operations
      • #
      • Q2008-218
      • Notice Date
      • 16 October 2008
      • Effective Date
      • 19 October 2008

    • Please note that the following New Product Summary format is slightly different from our standard format, due to different requirements for products listed on the NYMEX ClearPort® Clearing (CPC) system.

       

      Date: October 16, 2008

      Q2008-218

      New Product Summary for Quote Vendors

      Listing Date                 

      October 19, 2008 (for trade date Monday, October 20,2008)

      Contract Name

      Please review the Ticker Symbols for Contract Names

      Description

      Natural Gas products Swap Futures

      Instrument Type

      Futures

      Ticker Symbol(s)

      New Contracts (Basis and Index Swaps) 

      Code

       

      New Contracts (Swing Swaps) 

      Code

      NGPL STX Natural Gas Basis Swap

      T5

       

      TCO Natural Gas Swing Swap

      A1

      Algonquin City-gates Natural Gas Basis Swap

      B4

       

      TETCO STX Natural Gas Swing Swap

      T2

      TCO Natural Gas Index Swap

      Q1

       

      Tennessee Zone 0 Natural Gas Swing Swap

      T4

      TETCO STX Natural Gas Index Swap

      Q2

       

      Malin Natural Gas Swing Swap

      W9

      Tennessee Zone 0 Natural Gas Index Swap

      Q4

       

      Stanfield Natural Gas Swing Swap

      Q3

      Transco Zone 3 Natural Gas Index Swap

      Y6

       

      Transco Zone 3 Natural Gas Swing Swap

      T6

      Tennessee 500 Leg Natural Gas Index Swap

      Y7

       

      Tennessee 500 Leg Natural Gas Swing Swap

      T7

      Michcon Natural Gas Index Swap

      Y8

       

      Michcon Natural Gas Swing Swap

      T8

      CIG Rockies Natural Gas Index Swap

      Z8

       

      CIG Rockies Natural Gas Swing Swap

      U8

      Trading Venue

      NYMEX ClearPort® Clearing (CPC)

      Contract Size

      2500 MMBtu.

      Trading Hours

      From 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45 minute break each day between 5:15 PM and 6:00 PM.

      Valid Contract Months

      The Exchange will list thirty-six (36) consecutive months for the Basis and Index Swaps, and two (2) consecutive months for the Swing Swaps beginning with the November 2008 contract.

      Initial Contract Months

      Nov. 2008

      Minimum Price Intervals and Value Per Tick

      $0.0025 per MMBtu.

      Termination of Trading

      The Last Trading Day will be on the last business day prior to the Contract Month for the natural gas Basis and Index Swaps and will be on the business day prior to the contract date for the Swing Swaps.

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