Physical Natural Gas delivered firm at specified location for a pre-determined FIXED PRICE
Market Specifications
Trading Screen Product Name
NG Firm Phys, FP
Trading Screen Hub Name
Ruby-Rec Pool
Contract Symbol
YWZ
Contract Size
100 MMBtus per lot
Quotation
Net quantity quoted as volume per day and determined by multiplying the number of Contracts (or listed volume) times the number of days in the Contract.
Currency
US Dollars and cents
Minimum Price Fluctuation
$0.0025 per MMBtu
Maximum Price Fluctuation
No limits
Last Trading Day
The business day prior to the delivery month
Fixed Price
The traded price agreed upon between buyer and seller.
Daily Settlement
Daily settlement will be determined by the actual FIXED PRICE entered into at time of transaction.
Final Settlement
Final settlement will be determined by the actual FIXED PRICE entered into at time of transaction