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Mini Natural Gas Futures

Exchange
NYMEX
Symbol
QG
Contract name
Mini Natural Gas Futures
Contract size
2,500 million British thermal units (MMBtu)
Initial margin
Set dynamically by CME Clearing (varies based on market volatility)
Price quotation
U.S. dollars and cents per MMBtu
Trading hours
Sunday – Friday, 6:00 p.m. – 5:00 p.m. ET (New York Time) with a 60-minute break each day at 5:00 p.m. ET
Minimum price fluctuation
$0.005 per MMBtu ($12.50 per contract)
Contract months
Listed for the current calendar year plus next 3 calendar years (all 12 calendar months: Jan–Dec)
First notice day
Not applicable (financially cash-settled)
Last trading day
3 business days prior to the first business day of the delivery month
Settlement method
Financial Cash Settlement
Price limit
Dynamic price fluctuation limits applied by CME Globex during trading sessions
Quality standard
Cash-settled based on standard pipeline-quality natural gas specifications delivered at the Henry Hub in Louisiana

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