Henry Hub Natural Gas Futures (NG) — Contract Specifications
NYMEX · Energy
Among the most volatile of the major contracts — weather-driven demand and constrained storage make for large moves.
Contract specifications
| Exchange symbol | NG |
|---|---|
| Exchange | NYMEX |
| Contract size | 10,000 million British thermal units (MMBtu) |
| Minimum tick | $0.001 per MMBtu |
| Value per tick | $10.00 |
| Contract months | All 12 calendar months |
| Settlement | Physical delivery at the Henry Hub |
| Trading hours | Sun–Fri 18:00–17:00 ET, 60-minute break each day at 17:00 ET |
What one tick is worth
The minimum price increment is $0.001 per MMBtu. Because the contract covers 10,000 million British thermal units (MMBtu), each tick is worth $10.00 per contract.
This contract is physically delivered. Holding it past first notice day starts the delivery process, so traders without a use for the underlying normally close or roll well before then — see how rollover works.
Other contracts on this market
| Contract | Size | Per tick |
|---|---|---|
| WTI Crude Oil CL · NYMEX | 1,000 barrels | $10.00 |