Daily Pine Prarie Energy Center (PPEC) Physically Delivered Natural Gas Futures

A daily variable quantity energy instrument's expiration includes all days between the activation date of the instrument thru the next business day. For example, an instrument activated on Friday includes Friday, Saturday, and Sunday (assuming the following Monday is a regular business day) and therefore has a contact multiplier of 3.

Security Definition (tag 35-MsgType=d) Message Key Elements

The → symbol indicates a repeating group tag.

Tag	FIX Name	Format	MDP 3.0 Value

Tag	FIX Name	Format	MDP 3.0 Value
562	MinTradeVol	Qty (9)	1
→871	InstAttribType	Int (2)	24
→872	InstAttribValue	String (2)	16 = Variable Quantity Eligibility
1439	FlowScheduleType	Int (1)	2 - Calendar-All Days in month
1231	MinLotSize	Price (20)	2500
231	ContractMultiplier	Int (5)	3
996	UnitofMeasure	String (30)	MMBTU
1435	ContractMultiplierUnit	Int (1)	2 = multiplied by day

Display and Cleared Qty: lot (5) * MinLotSize (2500) * ContractMultiplier (3) postpend with Unit of Measure (MMBTU).

The following table illustrates display values for a 5 lot order for PPDU128.

Lot Display	5
Unit Display	12500 MMBTU
Display and Cleared Quantity	<5> * <2500> * <1> = 12500 MMBTU