Asset Class Navigation

San Juan Natural Gas (Platts IFERC) Pipe Option Contract Specs

Options
Contract Unit 2,500 MMBtu
Clears in multiples of the number of calendar days in the contract month.
Minimum Price Fluctuation 0.0001 per MMBtu = $0.25
Price Quotation U.S. dollars and cents per MMBtu
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: APJ
CME ClearPort: PJ
Clearing: PJ
Listed Contracts Monthly contract listed through and including December 2021
Termination Of Trading Trading terminates on the last business day of the month prior to the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 519A
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Financially Settled
Underlying San Juan Natural Gas (Platts IFERC) Fixed Price Futures