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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 mmBtu. |
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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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| Trading ceases on the last business day of the month preceding the contract month. |
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| Last Settlement Date |
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| Fifth business day of the month after the contract month. |
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| Settlement Type |
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| Financial, based on the differential between avg of Gas Daily prices during the contract month and the bidweek/first of month price provided by Platts Inside FERC's Gas Market Report for this location point. This is a synthetic spread similar to the basis swaps. |
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| Trading Symbol |
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| IQ |
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