Senzoukria · Futures contracts

MNGV7 expiry: September 28, 2027

MNGV7 is the October 2027 delivery of Micro Natural Gas on NYMEX. Its last trading day is September 28, 2027, and the app moves its default to the next listed month on September 24, 2027, 4 calendar days earlier. One tick is 0.001, worth $1.00, on a multiplier of 1000.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When MNGV7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on MNGV7
  5. Every MNG delivery listed in 2027
  6. MNGV7 and NGV7 side by side
  7. Related pages
  8. In the same section
  9. This page in other languages
  10. Frequently asked questions

Contract specifications

Contract symbol
MNGV7
Product
Micro Natural Gas (MNG)
Exchange
NYMEX
Delivery month
October 2027 (code V)
Last trading day
September 28, 2027
Default rolls on
September 24, 2027 (4 days before)
Tick size
0.001
Tick value
$1.00
Point value
$1,000.00
Next delivery
MNGX7 (October 27, 2027)

When MNGV7 stops trading

Trading terminates 3 business days prior to the first day of the delivery month. For MNGV7 that falls on September 28, 2027.

Senzoukria stops offering MNGV7 as the default contract on September 24, 2027, 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 MNGV7 the next listed delivery is MNGX7, whose last trading day is October 27, 2027. That is the contract the volume moves into, just as it moved out of MNGU7 on August 23, 2027.

What one tick is worth on MNGV7

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 MNGV7 position and the rows of its footprint come from the same numbers.

Every MNG delivery listed in 2027

MNG lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MNGV7 is number 10 of 12 in 2027.

MNG 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
MNGF7Jan 2027Dec 29, 2026Dec 25, 2026
MNGG7Feb 2027Jan 27, 2027Jan 23, 2027
MNGH7Mar 2027Feb 24, 2027Feb 20, 2027
MNGJ7Apr 2027Mar 29, 2027Mar 25, 2027
MNGK7May 2027Apr 28, 2027Apr 24, 2027
MNGM7Jun 2027May 27, 2027May 23, 2027
MNGN7Jul 2027Jun 28, 2027Jun 24, 2027
MNGQ7Aug 2027Jul 28, 2027Jul 24, 2027
MNGU7Sep 2027Aug 27, 2027Aug 23, 2027
MNGV7 (this page)Oct 2027Sep 28, 2027Sep 24, 2027
MNGX7Nov 2027Oct 27, 2027Oct 23, 2027
MNGZ7Dec 2027Nov 26, 2027Nov 22, 2027

MNGV7 and NGV7 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. MNGV7 and NGV7 share the same last trading day, September 28, 2027, 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.

In the same section

This page in other languages

Frequently asked questions

When does MNGV7 expire?
The last trading day of MNGV7 is September 28, 2027. Trading terminates 3 business days prior to the first day of the delivery month.
When should I roll out of MNGV7?
The app switches its default to the next listed month on September 24, 2027, which is MNGX7. 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 MNGV7 worth?
One tick of 0.001 is $1.00 per contract, and a full point is $1,000.00, on a multiplier of 1000.
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