UK NBP Natural Gas Calendar Month Futures - Contract Specs
| Contract Unit | 1,000 therms x number of days in the contract month |
|---|---|
| Price Quotation | British pence per therm (1 GBP = 100 pence) |
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) |
| Minimum Price Fluctuation | 0.005 pence per therm x # of days in the contract month = £1.40 - £1.55 |
| Product Code | CME Globex: UKG CME ClearPort: UKG Clearing: UKG |
| Listed Contracts | Monthly contracts listed for the current year and the next 5 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. |
| Settlement Method | Deliverable |
| Termination of Trading | Trading terminates at 5:00 p.m. London time on the second last London business day of the month prior to the contract month. If this is not a U.S. business day, trading terminates on the prior U.S. and London business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
