Market regulation · 09/10/2009Updated: 10/17/2026 · 1 min read
CFTC to Review PG&E Citygate Financial Basis Contract for Significant Price Discovery Function
Summary
The Commodity Futures Trading Commission (CFTC) is launching a review to determine if the PG&E Citygate Financial Basis contract, traded on the IntercontinentalExchange (ICE), serves a crucial role in setting prices, following a provision in the Commodity Exchange Act and Commission rules.