New York Mercantile Exchange
Contact UsGlossary
Search  
Login
Financial FuturesOptions
Basis Swap
Description
Specifications
Margins
Termination Schedule
Terms & Conditions
Settlements
Pipe Options
Specifications
Margins
 
Contract Unit
2,500 million British thermal units (MMBtu). The number of contracts traded must be in multiples consistent with number of calendar days in the contract month (between 28 and 31).
Price Quotation
U.S. dollars and cents per MMBtu. Because this contract is priced on the differential between natural gas prices at the Henry Hub in Louisiana and the AECO C/NIT hub, it can be quoted as either a positive or negative number.
Trading Hours (All times are New York time)
The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Minimum Price Increment
The minimum trade fluctuation is $0.0025, and settlement fluctuations are in increments of $0.0001.
Listed Months
72 consecutive months.
Termination of Trading
The last business day prior to the contract month.
Settlement Type
Financial, based on the Canadian Gas Price Reporter AECO/NIT index minus the final settlement price of the Exchange Henry Hub natural gas futures contract for the corresponding month on the last trading day.
Trading Symbol
NA
©2008 New York Mercantile Exchange,Inc. All Rights Reserved.
Disclaimer      Privacy Policy       Report abuse