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27 Oct 2021 | 14:48 UTC
S&P Global Platts seeks feedback on the three trading days for monthly natural gas indices during December bidweek. The current bidweek calendar shows the three trading days as Nov. 22, 23, and 24.
The calendar can be found here: https://www.spglobal.com/platts/en/our-methodology/methodology-specifications/natural-gas/us-and-canada-natural-gas-methodology
Market participants have raised concerns that these three days are prior to the expiration of the CME December Henry Hub futures contract on Friday, Nov. 26. Historically the day after Thanksgiving has not been a bidweek trading day.
Platts seeks feedback on the December bidweek trading days and invites market participants to choose one of these two options:
Option 1: Nov. 22, 23, and 24
Option 2: Nov. 23, 24, and 26
Price submitters are still expected to submit their trade data to Platts on Monday, Nov. 29.
Regardless of which option Platts decides, Friday, Nov. 26, will be a daily gas holiday.
Please send any further queries or feedback to Americasgaspricing@spglobal.com and Pricegroup@spglobal.com by Nov. 5. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.