Contract Unit
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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 = £1.40 - £1.55
|
Product Code
|
CME Globex: UKGCME ClearPort: UKGClearing: UKG
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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.
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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. If this is not a U.S. business day, trading terminates on the prior U.S. and London business day.
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Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 1157 |
Block Minimum
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Block Minimum Thresholds |
Price Limit Or Circuit
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Price Limits |
Vendor Codes
|
Quote Vendor Symbols Listing |