ON vs. LN User-Defined Spreads coming to CME Globex
Effective Sunday, August 16 (trade date Monday, August 17), CME Group is launching an enhancement to User-Defined Spreads (UDS) functionality to support the Henry Hub Natural Gas options complex on CME Globex.
With this launch, you will be able to create and trade spreads between American- and European-style options.
Henry Hub Natural Gas (NG) Futures allow market participants significant hedging activity to manage risk in the highly volatile natural gas price, which is driven by weather-related demand. They also provide efficient transactions in and out of positions. Natural gas futures are:
Things to know about the contracts:
Read more about Henry Hub Natural Gas (NG) Futures