A repeat of the Chinese

NYMEX propane futures contract specifications

Propane (Access) (NYMEX)

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Contract Specifications:PN, NYMEX
Trading Unit: 42, 000 U.S. gallons (1, 000 barrels) Tick Size: $0.0001 (0.01 ) per gallon ($4.20 per contract) Quoted Units: US $ per gallon Initial Margin: $4, 388 Maint Margin: $3, 250 Contract Months: 15 consecutive months commencing with the next calendar month. Last Trading Day: Close of business on the last business day of the month preceding the delivery month. Trading Hours: 9:20 A.M. - 1:10 P.M., for the open outcry session.
After-hours trading is conducted via electronic trading system from 5 P.M. to 7 P.M.,
Monday through Thursday. All times are New York time.
Daily Limit: $0.25 per gallon ($10, 500 per contract)


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