Dutch TTF Natural Gas Calendar Month
Futures and Options
Pending CFTC review, effective on trade date January 27, 2025, NYMEX will amend the Dutch TTF Natural Gas Futures-Style Margined Financial Calendar Month Option contract (the "Option Contract") such that it will be tethered to the new Dutch TTF Natural Gas (EARLY EXPIRY) Financial Calendar Month Futures contract. Effective immediately, NYMEX has suspended trading and clearing of the Option Contract until trade date January 27, 2025. Additional information may be viewed in SER-9497 dated January 8, 2025.
Dutch TTF Natural Gas Calendar Month Futures - Contract Specs
| Contract Unit | 1 MW x 23-25 hours per gas delivery day x the number of gas delivery days in the contract month = 672-745 MWh |
|---|---|
| Price Quotation | Euro and cents per MWh |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT TAS: Sunday - Friday 5:00 p.m. - 10:05 a.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
| Minimum Price Fluctuation | 0.005 per MWh = €3.360 - €3.725 TAS: Zero or +/- 20 ticks in the minimum tick increment of the outright |
| Product Code | CME Globex: TTF CME ClearPort: TTF Clearing: TTF TAS: TAS |
| Listed Contracts | Monthly contracts listed for the current year and the next 10 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 17:00 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 |
