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nymex_futures [2017/03/13 16:16] – [NYMEX Futures] mayanymex_futures [2020/08/04 13:55] (current) – [Contract Specifications] maya
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 ====== NYMEX Futures ====== ====== NYMEX Futures ======
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 The New York Mercantile Exchange (NYMEX) is a commodity futures exchange, located in New York City, owned and operated by the CME Group. The NYMEX is the centre of energy commodity derivatives trading in the US, and is home to some of the world’s largest and most liquid energy futures contracts, notably the US benchmark WTI Crude Oil Futures, and Henry Hub Natural Gas Futures. The New York Mercantile Exchange (NYMEX) is a commodity futures exchange, located in New York City, owned and operated by the CME Group. The NYMEX is the centre of energy commodity derivatives trading in the US, and is home to some of the world’s largest and most liquid energy futures contracts, notably the US benchmark WTI Crude Oil Futures, and Henry Hub Natural Gas Futures.
  
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 [[http://www.cmegroup.com/tools-information/holiday-calendar.html|Holiday Calendar]] [[http://www.cmegroup.com/tools-information/holiday-calendar.html|Holiday Calendar]]
  
-**Note:** Day Trade The World™ currently offers NYMEX futures trading at 6:00 - 16:15 ET Monday to Friday only. 
 ====Contract Specifications==== ====Contract Specifications====
  
 Please be sure to familiarize yourself with the expiration dates of the different contracts: [[http://www.cmegroup.com/trading/products/#pageNumber=1&sortField=rank&sortAsc=false&searchString=es|Contract Lookup]] Please be sure to familiarize yourself with the expiration dates of the different contracts: [[http://www.cmegroup.com/trading/products/#pageNumber=1&sortField=rank&sortAsc=false&searchString=es|Contract Lookup]]
  
-1. Crude Oil futures: contract size / BP = Price * $1,000 * number of contracts+You can use the following formula to calculate the contract value for each futures series. This value represents the amount of Buying Power (BP) you would need to trade these contracts.
  
-2Natural Gas futures: contract size / BP = Price * $10,000 * number of contracts+1Crude Oil futures: contract value = Price * $1,000 * number of contracts
  
-3. NY Harbor ULSD futures: contract size / BP = Price * $42,000 * number of contracts+2. Natural Gas futures: contract value = Price * $10,000 * number of contracts 
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 +3. NY Harbor ULSD futures: contract value = Price * $42,000 * number of contracts 
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 +4. RBOB Gasoline futures: contract value = Price * $42,000 * number of contracts
  
-4. RBOB Gasoline futures: contract size / BP = Price * $42,000 * number of contracts 
 ==== Order Types ==== ==== Order Types ====
  
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 ==== Basic Market Rules ==== ==== Basic Market Rules ====
   * Lot Size: 1 contract.   * Lot Size: 1 contract.
-  * See the Contract Lookup page for tick sizes and values.+  * See the [[http://www.cmegroup.com/trading/products/#pageNumber=1&sortField=rank&sortAsc=false&searchString=es|Contract Lookup]] page for tick sizes and values
 +  * Circuit Breakers: for more information, you can see the [[https://www.cmegroup.com/rulebook/files/special-price-fluctuation-limits.xlsx|Special Price Fluctuation Limits and Daily Price Limits]] Excel file.
  
 For more information, see the [[http://www.cmegroup.com/rulebook/NYMEX/ | NYMEX Rulebook]] page. For more information, see the [[http://www.cmegroup.com/rulebook/NYMEX/ | NYMEX Rulebook]] page.
  
 ==== See Also ==== ==== See Also ====
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   * [[market_guides|Market Guides]]   * [[market_guides|Market Guides]]
nymex_futures.1489436195.txt.gz · Last modified: 2017/03/13 16:16 by maya