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Henry Hub TTF (ICIS Heren) Natural Gas Spread Futures Contract Specs

Contract Unit 10,000 MMBtu
Price Quotation U.S. Dollars and Cents per MMBtu
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)
Minimum Price Fluctuation $0.001 per MMBtu
Product Code CME Globex: THD
CME ClearPort: THD
Clearing: THD
Listed Contracts Monthly contracts listed for the current year and the next 3 calendar years.  Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the Henry Hub price minus the TTF price. The Floating Price for each contract month will be determined with reference to the   Volume Weighted Average price of the NYMEX Henry Hub Natural Gas Futures (NG) contract for the corresponding contract month during the period 16:00:00 to 16:29:59 London prevailing time and with reference to the midpoint between the bid and offer quotations for the TTF price assessment in US dollars per million British thermal units for the contract month, published by ICIS Heren in the European Spot Gas Market report on the Last Trading Day. For the avoidance of doubt, the calculated Floating Price will be rounded to three decimal places.
Termination Of Trading Trading terminates on the 3rd US business day immediately preceding the first calendar day of the Contract Month. If that day is not a London business day, trading terminates on the first preceding business day which is both a US and a London Business Day. On the last trading day, the trading terminates at 16:30 UK prevailing time (normally 11:30 ET).
Position Limits NYMEX Position Limits
Reportable Positions Quote Vendor Symbols Listing
Exchange Rulebook NYMEX 1005
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits