# NG Tick Value & Contract Specs (Natural Gas)

> One NG tick is $0.001 per MMBtu, worth $10 per contract. A 10-cent move per MMBtu is worth $1,000, so a move of $0.05 per MMBtu is 50 ticks, or $500 on one contract.

**Source:** https://propfirmpal.com/futures/contracts/ng  
**Generated:** 2026-09-25  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

---

NG (Henry Hub Natural Gas) ticks in $0.001 per MMBtu, worth $10 per contract. CME specs, P&L per move, hours and months.

## Contract specifications

| Specification | Value |
| --- | --- |
| Contract | Henry Hub Natural Gas (NG) |
| Exchange | NYMEX (CME Group) |
| Asset class | Energy |
| Contract unit | 10,000 MMBtu |
| Price quotation | US dollars and cents per MMBtu |
| Tick size | $0.001 per MMBtu |
| Tick value | $10 per contract |
| Value of a 10-cent move per MMBtu | $1,000 |
| Contract months | F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec) |
| Trading hours | Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. |
| Settlement | Physically delivered |
| Last trading day | The third last business day of the month before the contract month. |

_Source: [CME Group — Henry Hub Natural Gas contract specs](https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.contractSpecs.html), retrieved 2026-09-22._

## Ticks to dollars

| Price move | Ticks | 1 contract | 10 contracts |
| --- | --- | --- | --- |
| $0.001 per MMBtu | 1 | $10 | $100 |
| $0.10 per MMBtu | 100 | $1,000 | $10,000 |
| $0.05 per MMBtu | 50 | $500 | $5,000 |

## Trading hours

| Central Time (CT) | Eastern Time (ET) | Breaks |
| --- | --- | --- |
| Sun 5:00 pm – Fri 4:00 pm | Sun 6:00 pm – Fri 5:00 pm | 4:00–5:00 pm CT (5:00–6:00 pm ET), Mon–Thu |

## Other sizes

- [MNG — Micro Henry Hub Natural Gas](https://propfirmpal.com/futures/contracts/mng): $1 per tick.

## Which prop firms allow this contract

Prop Firm Pal does not yet record firms' permitted products symbol by symbol, so no firms are named here. Compare futures prop firms at https://propfirmpal.com/futures and check each firm's rules for NG.

## Frequently asked questions

### What is the tick value of NG?

One NG tick is $0.001 per MMBtu, worth $10 per contract. A 10-cent move per MMBtu is worth $1,000, so a move of $0.05 per MMBtu is 50 ticks, or $500 on one contract.

### How much is a 10-cent move per MMBtu worth on NG?

A 10-cent move per MMBtu is worth $1,000 per NG contract: 100 ticks of $10.

### What are NG trading hours?

NG trades on CME Globex Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. In Eastern Time that is Sun 6:00 pm – Fri 5:00 pm. Holidays shorten or close sessions.

### What months does NG trade?

Monthly contracts for the current year and the next 12 calendar years. Month codes: F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec).

### Is NG cash-settled?

NG is physically delivered. Last trading day: The third last business day of the month before the contract month. Most traders roll to the next contract month before then.

### What is the margin for NG?

CME Group sets the exchange margin for NG and changes it often, and brokers set their own day-trading margins on top. A prop firm account does not post margin: the firm’s drawdown limit and contract limit cap the risk instead. For a current exchange figure, check CME Group’s margin page for the contract.

### What is the difference between NG and MNG?

MNG (Micro Henry Hub Natural Gas) tracks the same market at one-tenth the size of NG. One MNG tick is worth $1, against $10 for NG.

## Related pages

- [Futures contract specs](https://propfirmpal.com/futures/contracts) — markdown: https://propfirmpal.com/futures/contracts.md
- [Futures market hours](https://propfirmpal.com/futures/market-hours) — markdown: https://propfirmpal.com/futures/market-hours.md
- [CME holiday schedule 2026](https://propfirmpal.com/futures/holiday-calendar-2026) — markdown: https://propfirmpal.com/futures/holiday-calendar-2026.md
- [Futures trading hours](https://propfirmpal.com/learn/futures-trading-hours) — markdown: https://propfirmpal.com/learn/futures-trading-hours.md
- [Futures contract month codes](https://propfirmpal.com/learn/futures-contract-month-codes) — markdown: https://propfirmpal.com/learn/futures-contract-month-codes.md
- [Micro vs mini futures](https://propfirmpal.com/learn/micro-vs-mini-futures) — markdown: https://propfirmpal.com/learn/micro-vs-mini-futures.md
- [Futures tick values](https://propfirmpal.com/learn/futures-tick-values) — markdown: https://propfirmpal.com/learn/futures-tick-values.md