CONTRACT SPECIFICATION
Traded Commodity | Natural Gas |
Commodity Code | NGE |
Contract Size | 10,000 million British thermal units (mmBtu) / lot |
Quotation Unit | USD / mmBtu |
Trading Hours (GMT+7) | Monday – Friday: 05:00 - 04:00 (the next day) |
Price Increment | 0.001 USD / mmBtu |
Expiration Months | Consecutive months in the current year and the next 12 years. Contracts for a new calendar year will be listed after the December contract of the current year expires. |
First Notice Day | As regulated by MXV |
Last Trading Day | Three business days before the first business day of the expiration month |
Margin | As regulated by MXV |
Position Limits | As regulated by MXV |
Price Fluctuation Limit | As regulated by MXV |
Payment Method | No physical delivery |
Quality Standards | Standards are detailed below |
Quality Standards
According to the regulations for Natural Gas products traded on the NYMEX.
Henry Hub natural gas meets the FERC standards of Sabine Pipe Line LLC.