 |
|
|
| 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 Henry Hub natural gas futures price in Louisiana and the survey at Malin, Oregon, 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, equal to the bidweek price (average) for Malin under the California heading found in Natural Gas Intelligence's Bidweek Survey minus the NYMEX Division Henry Hub natural gas futures final settlement price for the corresponding contract month. |
|
| Trading Symbol |
|
| PB |
|