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 Option - 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 |
|---|---|
| Minimum Price Fluctuation | 0.005 per MWh = €3.360 - €3.725 |
| Price Quotation | Euro and cents per MWh |
| 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) |
| Product Code | CME Globex: TTO CME ClearPort: TTO Clearing: TTO |
| Listed Contracts | Monthly contracts listed for 36 consecutive months |
| Termination of Trading | Trading terminates on the 5th last day of the month prior to the contract month. If this is not both a U.S and London business day, trading terminates on the prior U.S. and London business day. If either of those days is also the termination of trading in the underlying futures, trading terminates on the prior U.S and London business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Dutch TTF Natural Gas Calendar Month Futures |
