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Contract specifications
- Contract symbol
- MNGM8
- Product
- Micro Natural Gas (MNG)
- Exchange
- NYMEX
- Delivery month
- June 2028 (code M)
- Last trading day
- May 29, 2028
- Default rolls on
- May 25, 2028 (4 days before)
- Tick size
- 0.001
- Tick value
- $1.00
- Point value
- $1,000.00
- Next delivery
- MNGN8 (June 28, 2028)
When MNGM8 stops trading
Trading terminates 3 business days prior to the first day of the delivery month. For MNGM8 that falls on May 29, 2028.
Senzoukria stops offering MNGM8 as the default contract on May 25, 2028, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Energy contracts expire monthly, so the roll is a routine of every month rather than every quarter. Volume leaves the expiring month several sessions before its last trading day, and the spread between the two months widens as it does.
For MNGM8 the next listed delivery is MNGN8, whose last trading day is June 28, 2028. That is the contract the volume moves into, just as it moved out of MNGK8 on April 22, 2028.
What one tick is worth on MNGM8
The minimum price fluctuation is 0.001, which is $1.00 per contract on a multiplier of 1000. A full point is therefore $1,000.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.001 sets how finely the bid and ask volume of MNG can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a MNGM8 position and the rows of its footprint come from the same numbers.
Every MNG delivery listed in 2028
MNG lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MNGM8 is number 6 of 12 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| MNGF8 | Jan 2028 | Dec 29, 2027 | Dec 25, 2027 |
| MNGG8 | Feb 2028 | Jan 27, 2028 | Jan 23, 2028 |
| MNGH8 | Mar 2028 | Feb 25, 2028 | Feb 21, 2028 |
| MNGJ8 | Apr 2028 | Mar 29, 2028 | Mar 25, 2028 |
| MNGK8 | May 2028 | Apr 26, 2028 | Apr 22, 2028 |
| MNGM8 (this page) | Jun 2028 | May 29, 2028 | May 25, 2028 |
| MNGN8 | Jul 2028 | Jun 28, 2028 | Jun 24, 2028 |
| MNGQ8 | Aug 2028 | Jul 27, 2028 | Jul 23, 2028 |
| MNGU8 | Sep 2028 | Aug 29, 2028 | Aug 25, 2028 |
| MNGV8 | Oct 2028 | Sep 27, 2028 | Sep 23, 2028 |
| MNGX8 | Nov 2028 | Oct 27, 2028 | Oct 23, 2028 |
| MNGZ8 | Dec 2028 | Nov 28, 2028 | Nov 24, 2028 |
MNGM8 and NGM8 side by side
MNG and NG track the same underlying, but NG is 10 times the size of MNG: $10.00 a tick against $1.00. Both quote on the same 0.001 tick. MNGM8 and NGM8 share the same last trading day, May 29, 2028, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MNG lets a 10-contract position carry the same exposure as one NG, which makes partial exits possible on a small account; NG carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MNG.
Related pages
- MNG — Micro Henry Hub Natural Gas
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- NG — Henry Hub Natural Gas
- Micro contracts
- MNGN8
- MNGK8
- MNG 2028
- NGM8
In the same section
This page in other languages
Frequently asked questions
- When does MNGM8 expire?
- The last trading day of MNGM8 is May 29, 2028. Trading terminates 3 business days prior to the first day of the delivery month.
- When should I roll out of MNGM8?
- The app switches its default to the next listed month on May 25, 2028, which is MNGN8. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of MNGM8 worth?
- One tick of 0.001 is $1.00 per contract, and a full point is $1,000.00, on a multiplier of 1000.