The gas industry is about to get another Henry Hub futures contract. The Chicago-based Merchants’ Exchange, the nation’s oldest exchange founded in St. Louis in 1836, announced that it will list cash-settled futures contracts in Henry Hub natural gas, light sweet crude, Brent crude, European gas oil, New York Harbor unleaded gasoline and New York Harbor No.2 heating oil. All of the contracts were approved by the Commodity Futures Trading Commission on Jan. 25. Electronic futures trading is expected to commence during the first quarter.
1836
Articles from 1836
Merchants’ Exchange to Launch Henry Hub Gas Futures
The gas industry is about to get another Henry Hub futures contract. The Chicago-based Merchants’ Exchange, the nation’s oldest exchange founded in 1836, announced that it will list cash-settled futures contracts in Henry Hub natural gas, light sweet crude, Brent crude, European gas oil, New York Harbor unleaded gasoline and New York Harbor No.2 heating oil. All of the contracts were approved by the Commodity Futures Trading Commission on Jan. 25. Electronic futures trading is expected to commence during the first quarter.
March 8, 2002
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