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Henry Hub Natural Gas Look-Alike Penultimate Financial 
 

Henry Hub Natural Gas Penultimate (Financial) futures are an outright natural gas contract between a buyer and a seller. The contract offers opportunities for risk management of the highly volatile pricing of natural gas, and also:

  • Is widely used as a national benchmark price for natural gas
  • Offers risk management of the highly volatile pricing of natural gas
  • Is the second-highest volume futures contract in the world based on a physical commodity

Things to know:

  • Traded via open outcry
  • Financially settled, based on the NYMEX Henry Hub natural gas futures (NG) first nearby contract settlement price on the business day preceding the last trading day (penultimate trading day) for the delivery month
  • Trading at settlement is available for the front two months, subject to the existing TAS rules of the underlying respective physical products

About Natural Gas
Natural gas accounts for almost a quarter of U.S. energy. There is a vigorous basis market based on the pricing relationships between Henry Hub and other important natural gas market centers in the continental United States and Canada.