SUBSCRIBER NOTE: New Trade Data in Daily and Monthly Indices

S&P Global Platts proposes the use of additional trade data in final daily and monthly North American Natural Gas indices for Platts locations.

On November 21, 2016, Platts announced an agreement with Intercontinental Exchange to improve Natural Gas price transparency and bolster North America price benchmarks. To that end, Platts is proposing the use of additional trade data in final daily and monthly indices for Platts locations. The use of additional trade data would not take place until the end of the transition period of the Platts-ICE agreement, which at this time is expected to last until the end of Q1 2017.

Currently the only trade data used in the indices is trade data reported directly to Platts by price reporters. After the transition period, Platts would use the following trade data in final indices for Platts locations:

1. All ICE exchange trades, reported anonymously to Platts by ICE 2. All matched eConfirm trades, reported anonymously to Platts by ICE 3. All other price reporter trades

Please send any comments to the proposal above to gas_survey_comments@platts.com and pricemethodology@spglobal.com by January 13, 2017. 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.