01/14/2008
Beginning on February 17 (for the February 19th Trade Date), the Exchange will expand the listing of consecutive contract months to the current year plus the next twelve years through December 2020 for the Natural Gas Futures, Natural Gas Swap Futures, and Natural Gas Penultimate Swap Futures for trading on the NYMEX trading floor and trade submission through NYMEX ClearPort® Clearing.
Also as of February 17, the listing of Natural Gas Futures (NG) on CME Globex® will expand to the current year plus the next eight years, for a listing through December 2016. This expansion will also apply to the listing on Globex of Natural Gas Calendar Spreads and Strips.
Currently, all three contracts are listed for the current contract year plus five additional years.
Originally announced for the end of January, the launch date for this expansion has been revised to the dates above to accommodate NYMEX customers and vendors who had requested the change due to technical concerns. These firms have expressed their readiness for the new scheduled date.