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UK NBP Natural Gas Daily Futures Contract Specs

Contract Unit 1,000 therms
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 per therm = £0.05
Product Code CME Globex: NBD
CME ClearPort: NBD
Clearing: NBD
Listed Contracts Daily contracts listed for the current month and the next calendar month. List daily contracts for a new calendar month following the termination of trading of the last contract day of the current month.
Settlement Method Deliverable
Termination Of Trading Trading terminates at 16:35 London time on the London business day prior to the contract day. If this is not a U.S. business day, Trading terminates on the prior U.S. and London business day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1158
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing