• REVISED Product Modification Summary: Henry Hub Natural Gas Minimum Price Increment

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-405
      • Notice Date
      • 18 December 2014
      • Effective Date
      • 21 December 2014
    • Effective Sunday, December 21st, 2014 for trade date Monday, December 22nd, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (EXCHANGE) will amend the minimum price increment for Natural Gas products.  The minimum tick is changing from 0.0001 to 0.001 on CME GLOBEX, CME ClearPort and the NYMEX trading floor.   

      Code

      Clearing / Globex

      Title

      Current Tick Rule

      New Tick Rule

      (as of Dec 21st, 2014)

      NP/NPG

       

      Henry Hub Natural Gas Penultimate Financial Futures

      0.0001 (DPL = 4)

      0.001 (DPL = 3)

      HP/HP

      Henry Hub Natural Gas Look-Alike Penultimate Financial Futures

      0.0001 (DPL = 4)

      0.001 (DPL = 3)

       

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