Notice of Intent, Pursuant to the Authority in Section 2(h)(7) of the Commodity Exchange Act and Commission Rule 36.3(c)(3), To Undertake a Determination Whether the (1) Phys, BS, LD1 (US/MM), AB-NIT Contract, et al., Offered for Trading on the Natural Gas Exchange, Inc., Perform Significant Price Discovery Functions

概要

The Commodity Futures Trading Commission ("CFTC" or "Commission") is undertaking a review to determine whether the (1) Phys,\1\ BS,\2\ LD1 \3\ (US/MM), AB-NIT \4\ ("Alberta Basis"); (2) Phys, BS, LD1 (US/ MM), Union-Dawn \5\ ("Union-Dawn Basis"); (3) Phys, FP,\6\ (CA/ GJ),\7\ AB-NIT ("Alberta Fixed-Price"); (4) Phys, FP, (US/MM), Union- Dawn ("Union-Dawn Fixed-Price"); and (5) Phys, ID,\8\ 7a \9\ (CA/GJ), AB-NIT ("Alberta Index") contracts, offered for trading on the Natural Gas Exchange, Inc. ("NGX"), an exempt commercial market ("ECM") under Sections 2(h)(3)-(5) of the Commodity Exchange Act ("CEA" or the "Act"), perform significant price discovery functions. Authority for this action is found in section 2(h)(7) of the CEA and Commission rule 36.3(c) promulgated thereunder. In connection with this evaluation, the Commission invites comment from interested parties. ---------------------------------------------------------------------------