NYMEX Natural Gas Futures

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Effective August 7, 2012, the CME will raise margins for natural Gas trading for speculators by 8.7 percent to $3,375 per contract from $3,105.


Natural Gas futures
Exchange NYMEX
Settlement Physically delivered
Contract Size 10,000 million British thermal units (mmBtu)
Pricing Unit Need pricing unit!
Tick Value Need tick value!
Contract Months The current year plus the next twelve years through December 2020. A new calendar year will be added following the termination of trading in the December contract of the current year.

On CME Globex: The current year plus the next eight years.

Last Trading Day Trading terminates three business days prior to the first calendar day of the delivery month.
  Open Outcry Electronic
Trading Hours Open outcry trading is conducted from 9:00 AM until 2:30 PM. Electronic trading is conducted from 6:00 PM until 5:15 PM via the CME Globex trading platform, Sunday through Friday. There is a 45-minute break each day between 5:15PM (current trade date) and 6:00 PM (next trade date). Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Ticker Symbol N/A N/A
Price Limits $3.00 per mmBtu ($30,000 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes, the limit is expanded by $3.00 per mmBtu in either direction. If another halt were triggered, the market would continue to be expanded by $3.00 per mmBtu in either direction after each successive five-minute trading halt. There will be no maximum price fluctuation limits during any one trading session. $3.00 per mmBtu ($30,000 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes, the limit is expanded by $3.00 per mmBtu in either direction. If another halt were triggered, the market would continue to be expanded by $3.00 per mmBtu in either direction after each successive five-minute trading halt. There will be no maximum price fluctuation limits during any one trading session.

Notes