 |
|
|
| Trading Unit |
|
| 2,500 million British thermal units (mmBtus). 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 million Btus. Because this contract is priced on the differential between natural gas prices at the Henry Hub in Louisiana and the Tennessee Zone 0 index, 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 Fluctuation |
|
| The minimum trade fluctuation is $0.0025, and settlement fluctuations are in increments of $0.0001. |
|
| Trading Months |
|
| 72 consecutive months. |
|
| Last Trading Day |
|
| The last business day prior to the contract month. |
|
| Settlement |
|
| Financial, based on the Inside FERC Gas Market Report Tennessee Zone 0 index price minus the final settlement price of the Exchange natural gas futures contract for the corresponding month. |
|
| Trading Symbol |
|
| NQ |
|