 |
|
|
| Trading Unit |
|
| 2,500 million British thermal units (mmBtus). |
|
| 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 Texas Eastern zone M-3 index, it can be quoted as either a positive or negative number. |
|
| Minimum Price Fluctuation |
|
| The minimum trade fluctuation is $0.0025, and settlement fluctuations are in increments of $0.0001. |
|
| 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. |
|
| Listed Months |
|
| 72 consecutive months. |
|
| Termination of Trading |
|
| Trading ceases on the last business day of the month before the contract month. |
|
| Settlement Type |
|
| Financial, based on the the Platts Inside FERC's Gas Market Report Northeast, Texas Eastern zone M-3 index published in the table titled "Market Center Spot-Gas Prices" in the first regular issue of the contract month minus the NYMEX Division Henry Hub natural gas futures final settlement price for the corresponding contract month. |
|
| Trading Symbol |
|
| NX |
|