26 Nov 2014 | 09:24 UTC — Houston

SUBSCRIBER NOTE: Platts announces changes to Christmas week gas calendar

Based on the feedback received by market participants, Platts will be making Friday, December 26, 2014 a holiday for both daily and bidweek natural gas trading as well as all Platts services and publications.

The treatment of December 26 as a holiday has several implications as listed below:

Natural Gas Pricing:

1. Gas Daily trades transacted on Wednesday, December 24 will be for flow Thursday, December 25-Monday, December 29.

2. December 26 is a bidweek holiday. Therefore January 2015 bidweek trading will encompass Tuesday, December 23; Wednesday, December 24; Monday, December 29; Tuesday, December 30; and Wednesday, December 31.

Power Pricing:

1. West power markets are trading on December 26. On Tuesday, December 23, they are trading for flow on December 24-26. On Friday, December 26, they are trading for flow on December 27-29. Platts will not deviate from this schedule. However, no assessments will be done on December 26. Instead, the data gathered on December 26 will be reviewed and assessments will be made for those flow dates on December 29.

2. Retroactive assessments will also be made for the East power markets.

Services and Publications: 1. No Platts services or publications for December 26.

If you have any questions, please contact Mark Callahan, Editorial Director, at mark.callahan@platts.com or 713-658-3211.