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| Trading Unit |
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| 2,500 million British thermal units (mmBtu). |
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| Price Quotation |
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| U.S. dollars and cents per million Btus. Because this contract is priced on the differential between the average of the Platts Gas Daily during the contract month and the bidweek price provided by Platts Inside FERC for this location point, it can be quoted as either a positive or negative number. |
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| Trading Hours (All times are New York time) |
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| The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday. |
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| Minimum Price Fluctuation |
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| The minimum trade fluctuation is $0.0025, and settlement fluctuations are in increments of $0.0001. |
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| Trading Months |
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| 36 consecutive months |
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| Termination of Trading |
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| The last business day prior to the contract month. |
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| Last Settlement Date |
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| Five business days following the contract month. |
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| Settlement Type |
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| Financial, based on the average of the Platts Gas Daily price during the contract month minus the bidweek price provided by Natural Gas Intelligence PG&E Citygate index price. |
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| Trading Symbol |
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| IK |
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