Texas Eastern Zone M-3 Natural Gas (Platts IFERC) Basis Futures Contract Specs

Product Symbol	NX
Venue	CME Globex, CME ClearPort, Open Outcry (New York)
Hours (All Times are New York Time/ET)	CME Globex:	Sunday – Friday 6:00 p.m. – 5:15 p.m. (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. (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. to 2:30 p.m. (8:00 a.m. to 1:30 p.m. CT)
Contract Unit	2,500 MMBtu
Price Quotation	U.S. dollars and cents per MMBtu
Minimum Fluctuation	$0.0001 per MMBtu
Floating Price	The Floating Price for each contract month will be equal to the Platts Inside FERC's Gas Market Report ("Platts IFERC") Northeast, Texas Eastern zone M-3 Index ("Index") published in the table titled "Market Center Spot-Gas Prices" in the first regular issue of the contract month minus the NYMEX (Henry Hub) Natural Gas Futures contract final settlement price for the corresponding contract month.
Termination of Trading	Trading shall cease on the last business day of the month prior to the contract month.
Listed Contracts	CME Globex	36 Consecutive Months
	CME ClearPort and Open Outcry	72 Consecutive Months
Settlement Type	Financial
Position Limits	NYMEX Position Limits
Rulebook Chapter	621
Exchange Rule	These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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Texas Eastern Zone M-3 Natural Gas (Platts IFERC) Basis Futures Contract Specs

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