Getting Started with Micro Henry
Hub Natural Gas futures
1. Know the basics
Before you start trading, get an understandingof how futures work in our Introduction to
Futures course, specifically Micro Henry Hub
Natural Gas futures.

2. Find a futures broker and open
an accountIn order to trade futures, you must find aregistered futures broker who will maintainyour account and guarantee your trades.

3. Fund your accountBrokers may require a minimum deposit before
you can trade.

4. Select a trading platform
Brokers may offer different trading platforms
with varying cost structures to most efficiently
meet your needs.

5. Things to know before trading
Learn about permissible order types, how tosubmit an order, fees, and what happens after
your order is placed. Find out more.

6. Be a knowledgeable trader
Inform your trading strategy with innovative
tools, including Price Action Alerts and theStrategy Simulator from CME Group.

7. Select the contract month to trade
Twelve consecutive monthly Micro Henry Hub
Natural Gas futures will be listed at one time.
Understand futures expiration and settlement.

8. Managing contract expiration
A futures contract exists until expiration or
until an investor closes their position, buttraders can roll their position to a later expiry.
Discover how to roll.

9. Understand daily profit and loss
The process of mark-to-market (MTM) is used todetermine daily futures profit and loss based on
the settlement price of Micro Henry Hub
Natural Gas futures.

10. Track trades, positions, andmark-to- markets
Your futures broker will provide you with tradeconfirmations and statements that show alltransactions, charges/credits, and youraccount balance.

MICRO HENRY HUB NATURAL GAS FUTURES CONTRACT SPECIFICATIONSCONTRACT SIZE

1,000 MMBtu

RATIO TO STANDARD
CONTRACT

10:1

MINIMUM TICK
INCREMENT$0.001 per MMBtu

DOLLAR VALUE OF
ONE TICK$1 per contract
CME Globex: MNG

PRODUCT CODE

CME ClearPort: MNG
Clearing: MNG

SETTLEMENT TYPE

Financial

EXPIRATION

Trading terminates one (1) business day prior to the expiration of the corresponding
contract month of the Henry Hub Natural Gas Futures contract (NG).

TRADING SCHEDULE

LISTING EXCHANGE

CME Globex: Sunday – Friday: 5:00 p.m. to 4:00 p.m. Central Time (CT)
Monday – Friday: 60-minute daily trading halt beginning at 4:00 p.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting
Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT
NYMEX

To learn more about Micro Henry Hub Natural Gas futures,
visit cmegroup.com/micro-henryhub

cmegroup.com
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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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