- Trading Screen Product Name
- NG Pen Futures
- Trading Screen Hub Name
- Henry CSO 1 Month
- Contract Symbol
HHM
- Settlement Method
Exercise into Underlying Futures Contract
- Contract Size
2500 MMBtus
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be One hundredth of a cent ($0.0001) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter 18.
- Contract Series
Up to 72 consecutive monthly Contract Periods
- Last Trading Day
At 2:30pm EPT on the fourth Business Day prior to the first calendar day of the Contract Period
- Option Style
European
- Exercise Procedure
Automatic Only
Manual exercise or abandon is not permitted
Options which are "in the money", with respect to Reference Price A
minus Reference Price B, exercise automatically into the Underlying
Futures Contract with a contract price equal to the Strike
Price.
Options which are "out of the money" expire automatically.
Exercise Day is the Last Trading Day
- REFERENCE PRICE A
NATURAL GAS-NYMEX
- a) Ref Price A - Description
"NATURAL GAS-NYMEX" means that the price for a Pricing Date will be that day's Specified Price per MMBtu of natural gas on the NYMEX of the Henry Hub Natural Gas Futures Contract for the Delivery Date, stated in U.S. Dollars, as made public by the NYMEX on that Pricing Date.
- b) Ref Price A - Pricing Date
One Business Day prior to the last scheduled trading day of the NYMEX Henry Hub Natural Gas Futures Contract for the Delivery Date
- c) Ref Price A - Specified Price
Settlement price
- d) Ref Price A - Pricing calendar
NYMEX
- e) Ref Price A - Delivery Date
Contract Period
- REFERENCE PRICE B
NATURAL GAS-NYMEX
- a) Ref Price B - Description
"NATURAL GAS-NYMEX" means that the price for a Pricing Date will be that day's Specified Price per MMBtu of natural gas on the NYMEX of the Henry Hub Natural Gas Futures Contract for the Delivery Date, stated in U.S. Dollars, as made public by the NYMEX on that Pricing Date.
- b) Ref Price B - Pricing Date
One Business Day prior to the last scheduled trading day of the NYMEX Henry Hub Natural Gas Futures Contract for the Contract Period
- c) Ref Price B - Specified Price
Settlement price
- d) Ref Price B - Pricing Calendar
NYMEX
- e) Ref Price B - Delivery Date
Second Nearby Month
- Strike Price Listing
A minimum of 10 Strike Prices in increments of $0.25 per MMBtu above and below the at-the-money Strike Price. Strike Price boundaries are adjusted according to futures price movements. User-defined Strike Prices are allowed in $0.001 increments.
- MIC Code
- IFED
- Clearing Venues
- ICEU