CME Group Inc. the world's largest and most diverse derivatives exchange, today announced the dual listing of Henry Hub natural gas financial last day options, scheduled to begin trading on February 22 for trade date February 23. These contracts are listed with, and subject to, the rules and regulations of the New York Mercantile Exchange, Inc. The products will trade on CME ClearPort and the New York trading floor.
The new contract (commodity code: E7) will be a European style option that is 10,000 MMBtus in size with a minimum price fluctuation of $0.0001 per MMBtu. It will begin trading with the March 2009 contract and will be listed for the balance of the current year, plus consecutive months for the next five years through 2014.
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