I have been doing some research on nymex natural gas options and have a question. I see that they have american style options that settle into futures (which settle into physical) that trade in the pit and also european style options that settle into cash that trade on ClearPort.
What are...
One thing that is nice if the clearport trading takes off is that they are financially settled and not physical like the pit contracts. The emini energy on globex is also cash settled. Volume does seem to be slowly growing in the mini crude contract but less so in natural gas.
Is it...