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Henry Hub Natural Gas Last Day Physically-Delivered Futures Contract Specs

Contract Unit The unit of trading shall be 2,500 MMBtu. Transaction size shall be restricted to whole number multiples of the number of days in the contract month, provided however this restriction on transaction size does not apply to Exchange for Related Position transactions pursuant to Exchange Rule 538. A delivery tolerance of two percent (2%) above or below the unit of trading is permitted.
Price Quotation U.S. dollars and cents per mmBtu
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
Minimum Price Fluctuation The minimum fluctuation shall be in multiples of one tenth of one cent ($0.001) per MMBtu ($2.50 per contract), including spreads. Prices shall be quoted in dollars and cents per MMBtu. The maximum price fluctuation shall be consistent with the prevailing price limits of the Henry Hub Natural Gas futures contract rounded down on the upper limit and up on the lower limit to the nearest one cent increment.
Product Code CME Globex: MNG
CME ClearPort: MNG
Open Outcry: MNG
Clearing: MNG
Listed Contracts The current year plus the next 12 calendar years
Settlement Method Deliverable
Termination Of Trading Trading of any delivery month shall cease three (3) business days prior to the first day of the delivery month. In the event that the official Exchange holiday schedule changes subsequent to the listing of a Natural Gas futures, the originally listed expiration date shall remain in effect. In the event that the originally listed expiration day is declared a holiday, expiration will move to the business day immediately prior.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1156
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Trading halts and price limits for this contract are subject to the provisions governing Special Price Fluctuation Limits for Henry Hub Natural Gas Futures set forth in Chapter 220.
Vendor Codes Quote Vendor Symbols Listing
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.