LoggingTradesNG contract specs
| Contract | Natural Gas (NG) |
|---|---|
| Exchange | NYMEX (CME Group) |
| Contract size | 10,000 million British thermal units (mmBtu) |
| Tick size | 0.001 |
| Tick value | $10 |
| Point value | $10,000 |
| Typical session | Sunday–Friday, 6:00 p.m.–5:00 p.m. ET (5:00 p.m.–4:00 p.m. CT) on CME Globex, with a daily break from 5:00 p.m. to 6:00 p.m. ET. Holiday hours differ. |
Specs as listed by CME Group; confirm with your broker. Margin requirements vary by broker and prop firm, so they are not listed here.
NG tick value in dollars
NG is Henry Hub natural gas. The tick is 0.001 ($10), so a 5-cent move is $500 per contract, and gas is known for fast, gappy moves.
Worked example. You buy 1 NG at 3 and sell at 3.05. The move is 0.05 price units, which is 50 ticks. At $10 per tick that is $500 per contract; trading 2 contracts doubles it to $1,000. A stop the same distance away would cost the same amount, which is why you should convert every stop into dollars before you enter.
Sizing and risk
NG is a full-size contract; use the position size calculator to see whether one contract fits your stop and risk limit.
To turn a stop distance into a contract count, use the position size calculator. Inside a prop-firm evaluation, check the result against the drawdown with the prop firm challenge calculator, and read the micro vs mini futures guide.
FAQ
What is the NG tick value?
One NG tick is 0.001 and is worth $10 per contract. One full point is $10,000 per contract.
How many ticks are in a point for NG?
1000 ticks per point, because the minimum price increment is 0.001.
How much do I make or lose on a 50-tick NG move?
50 ticks × $10 = $500 per contract, before commissions and fees. With 3 contracts that is $1,500.
When does NG trade?
NG trades on CME Globex Sunday–Friday, 6:00 p.m.–5:00 p.m. ET (5:00 p.m.–4:00 p.m. CT) on CME Globex, with a daily break from 5:00 p.m. to 6:00 p.m. ET. Holiday hours differ. Confirm current hours with your broker and CME Group.