Nat Gas trading

Discussion in 'Energy Futures' started by Scec, Jul 6, 2005.

  1. Scec

    Scec

    is anyone trading nat gas on the screen? I realize the volume is very light (1500/day) but the daily ranges are nice.
    also, I wonder if the financial paper nat gas products (Henry hub or basis) are trading well enough on either Clearport or ICE to be worth investigating further?
    any info would be greatly appreciated!
     
  2. I was trading the NG pit contract but have switched to the QG and am very happy with how that is going - fills are great. My volume is no more than 6 contracts at a time so watch for thin markets. I use a StopLimit order for entries and Stop Market for exits.

    A nice volatile market.

    Leapfrog.
     
  3. Scec

    Scec

    leapfrog -
    is the nat gas mkt on the screen liquid at every $.005 or is more like a penny or so?
    also, what style of trading are you doing? scalping & daytrading, or more position-type trading?
    thanks
     

  4. Jumps around - check it out on a DOM.

    Swing trading.
     
  5. nealvan

    nealvan

    What exactly does he mean by thin markets?
     
  6. btubroker

    btubroker

    <is anyone trading nat gas on the screen? I realize the volume is very light (1500/day) but the daily ranges are nice.
    also, I wonder if the financial paper nat gas products (Henry hub or basis) are trading well enough on either Clearport or ICE to be worth investigating further?
    any info would be greatly appreciated!>

    Yes lots of people are trading Nat Gas on a screen. It is called ICE (www.theice.com)
     
  7. tomcole

    tomcole

    btubroker-

    How much size can you do on ice? Is it liquid enough for me to be able to swing 40-50 lots per trade, on a 1 cent spread?
     
  8. 40-50 lots on what product? NYMEX look-a-likes?

    Regardless, if you have access to enough capital to trade OTC or you only want to the contracts that can be cleared via LCH, call ICE and ask them to set you up with a view only trial.
     
  9. okwon

    okwon

    If you're talking about 40-50 Henry NatGas on ICE, the answer is no. It's $75/tick on a 1 lot. The spread btw bid/ask is around 3-10ticks.
     
  10. Anyone know where the options on natural gas trade? Any observations on that trade?
     
    #10     Aug 2, 2005