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Henry Hub Natural Gas Penultimate Financial Futures Contract Specs

Contract Unit 2,500 million British thermal units (mmBtu).
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)
Minimum Price Fluctuation $.001 per mmBtu
Product Code CME Globex: NPG
CME ClearPort: NP
Clearing: NP
Listed Contracts The current year plus the next twelve calendar years. 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 will be equal to the Henry Hub Natural Gas Futures contract settlement price for the corresponding contract month on the business day preceding the last trading day for that contract month.
Termination Of Trading Trading and posting of transactions shall cease on the business day preceding the termination of trading for the corresponding contract month of the NYMEX (Henry Hub) Natural Gas Futures contract.
Settlement Procedures Delivery under the NYMEX Henry Hub Natural Gas Penultimate Swap contract shall be by cash settlement. Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.

Henry Hub Penultimate NP Futures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 529
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.
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