Please note that starting with the April-2020 calendar month expiries, TTF and NBP options will expire at 13:00 London time. Please see the related SER

Asset Class Navigation

UK NBP Natural Gas Calendar Month Futures Contract Specs

Contract Unit 1,000 therms x number of days in the contract month
Price Quotation British pence per therm (1 GBP = 100 pence)
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Minimum Price Fluctuation 0.005 pence per therm x # of days in the contract month
Product Code CME Globex: UKG
CME ClearPort: UKG
Clearing: UKG
Listed Contracts Monthly contracts listed for the current year and the next 5 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Settlement Method Deliverable
Termination Of Trading Trading terminates at 5:00 p.m. London time on the second last London business day of the month prior to the contract month, unless such day is not also a U.S. business day, in which case trading terminates on the first preceding U.S. business day that is a London business day. 
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1157
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing