PLATFORM SOLUTIONS

Accessing Natural Gas Liquidity via
CME Direct
Deep, liquid market

Global benchmark

400K contracts are traded daily, with 1.4M of open interest.

Natural Gas is the world’s 3rd largest physical commodities futurescontract, with use growing in South America, Asia and Europe.

Trading-at-Settlement
Natural Gas TAS spreads (NGT) are now available on NYMEX
in any spread combination for the first 12 consecutive monthlycontracts.

Physical settlement
NYMEX NG futures are closely connected to the spot market,reducing slippage.

Capital efficiency

Nearly 24-hour electronic accessControl a large contract value with a small amount of capital.
Used properly, it’s a powerful way to increase capital efficiency.

Get around-the-clock trading via the CME Globex, CME
ClearPort venues and Trayport Joule Direct.

Access NYMEX Henry Hub Futures & Options using CME DIRECT
CME Direct is a one-stop trading solution allowing institutional traders and brokers to view, analyze, negotiate and trade
all CME Group products via a powerful and highly configurable interface.
• Access electronic and block liquidity
simultaneously on one screen using
CME Direct.
• CME Direct is the most utilized front-end
platform for trading and blocking Nat
Gas Options at CME Group.*• Access powerful analytics tools
embedded in the platform.
• Fee-waived market data and introductory
trial periods for eligible users.

* Based on total Nat Gas Options volume traded/blocked year-to-date. Accurate as of July 2022.

Unparalled Liquidity in Henry Hub Futures

Unparalled Liquidity in Henry Hub Options

Futures average daily volume in April 2022 was 480k contracts,
an increase of 40% year over year.

Henry Hub financial options (LN) average daily volume in April
2022 was 123k contracts, +100% YoY.

Henry Hub Futures Market Share90%

700,000

85%600,000

80%

55%

050%Futures Grid

Market Share % CME

M

JaovNJuay
M

M

Ja

ar-1
5Average Daily Volume

ar-2
260%

100,000
n21

200,000

-1
965%

Se
p18

70%

l-1
775%

300,000-1
6500,000
400,000

120,000
Average Daily Volume

800,000

140,000
Market Share (CME vs ICE)

95%

Source: CME GroupCME Henry Hub Options: Volume Market Share >70% for 3 Consecutive Years

100%

900,000

n14

Average Daily Volume

1,000,000

100,000
80,00060,00040,00020,00002017

Source: CME Group and ICE

2018

2019
CME

Strategies Grid

Quikstrike

Quick Options Grid

Email PlatformSolutions@cmegroup.com to start trading on CME Direct today.

2020
ICEOthers

2021

2022

cmegroup.com
Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss. Swaps trading should only be undertaken by investors who are Eligible Contract
Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Futures and swaps each are leveraged investments and, because only a percentage of a contract’s value
is required to trade, it is possible to lose more than the amount of money deposited for either a futures or swaps position. Therefore, traders should only use funds that they can afford to lose
without affecting their lifestyles and only a portion of those funds should be devoted to any one trade because traders cannot expect to profit on every trade.
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in this communication are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual market experience. All matterspertaining to rules and specifications herein are made subject to and superseded by official CME, CBOT, NYMEX and COMEX rules. Current rules should be consulted in all cases concerning
contract specifications.
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