CME NYMEX:NG Henry Hub Natural Gas Futures
Henry Hub Natural Gas Futures (CME NYMEX: NG) :
Product Code: CME Globex: NG, CME ClearPort: NG, Clearing: NG, TAS: NGT
Contract Unit: 10,000 MMBtu
Price Quotation: U.S. dollars and cents per MMBtu
Minimum Price Fluctuation:
(1) Outright: 0.001 per MMBtu = $10.00
(2) Inter-commodity spreads: 0.00025 per MMBtu = $2.50
(3) TAS: Zero or +/- 10 ticks in the minimum tick increment of the outright
(4) CME ClearPort: 0.001 per MMBtu = $10.00
Settlement Method: Deliverable
(1) Monthly contracts listed for the current year and the next 12 calendar years.
(2) Add monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Termination Of Trading: Trading terminates on the 3rd last business day of the month prior to the contract month.
Grade And Quality: Natural Gas meeting the specifications set forth in the FERC-approved tariff of Sabine Pipe Line Company as then in effect at the time of delivery shall be deliverable in satisfaction of futures contract delivery obligations.
Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. /CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)