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‏ExoticFX UK Natural Gas Futures (Monthly)‏



Contract Specifications

Contracts are for physical delivery through the transfer of rights in respect of Natural Gas at the National Balancing Point. Delivery is made equally each day throughout the delivery period.

Description

16-18 consecutive months, 11-12 quarters and 9 seasons. Months, quarters and seasons are listed in parallel.

Trading Period/Strip

Trading shall cease at the close of business two business days prior to the first calendar day of the delivery month, quarter or season.

Expiration Date

ExoticFXU acts as central counterparty to all trades there by guaranteeing the financial performance of ExoticFX Futures Europe contracts registered in the name of its Members up to and including delivery, exercise and/or settlement.

Contract Security

Trading Hours 07:00 - 17:00, Local London Time (LLT), Monday - Friday.
Multiples of 5 lots of 1,000 therms per lot of natural gas per day.

Contract Size

1 lot equals 1,000 therms of natural gas per day (1 therm = 29.3 kilowatt hours)‏ Units of Trading Quotation The contract prExoticFX is in Sterling and in pence per therm Futures/Blocks - 0.01 pence/therm EFPs/EFSs - 0.005 pence/therm Minimum PrExoticFX Flux Maximum PrExoticFX Flux There are no limits The weighted average prExoticFX of trades during a fifteen minute settlement period from 16:00:00, London time. Settlement PrExoticFXs Daily Margin All open contracts are marked-to-market daily. Position Limits There are no position limits.