In order to prepare the NYMEX ACCESS® electronic trading system, the web-based platform on which the contract trades, trading in Henry Hub swaps will not be available from 9 AM until 3:15 PM tomorrow.
Strip trading functionality will enable market participants to execute a trade for anywhere from two to 36 consecutive months at a single price.
Exchange President J. Robert Collins, Jr., said, "This is one more progressive step in serving the over-the-counter (OTC) energy trading community. Henry Hub strips are one of the most commonly used OTC trading instruments."
