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Table of Contents
NYMEX 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.
Currency: US Dollar (USD)
Trading Hours & Calendar
Trading Hours: 18:00–17:15 ET
Note: Day Trade The World currently offers NYMEX futures trading from 6:00–16:15 ET Monday to Friday only.
Contract Specification
Please be sure to familiarize yourself with the expiration dates of the different contracts. These can be found by reviewing the contract specifications on the CME Group website.
1. Crude Oil futures: contract size / BP = Price * $1,000 * number of contracts
2. Natural Gas futures: contract size / BP = Price * $10,000 * number of contracts
3. NY Harbor ULSD futures: contract size / BP = Price * $42,000 * number of contracts
4. RBOB Gasoline futures: contract size / BP = Price * $42,000 * number of contracts
Order Types
- Limit Order; DAY time-in-force
- Market Order; DAY time-in-force
Basic Market Rules
- Lot Size - 1 contract
Please see the contract lookup page for tick sizes and values.
For more information on NYMEX trading rules, please see the NYMEX rule book.