Final answer:
The futures contract with a multiplier of 736 is for natural gas, which is traded on commodities exchanges like the NYMEX. The multiplier helps calculate the contract value by multiplying it with the quoted price per MMBtu.
Step-by-step explanation:
The futures contract with a multiplier of 736 is associated with natural gas. Specifically, this multiplier is used to calculate the contract value of the Natural Gas Futures, which are traded on commodities exchanges like the New York Mercantile Exchange (NYMEX). The contract value is determined by multiplying the quoted price by the multiplier. Thus, if the price of natural gas per million British thermal units (MMBtu) is quoted at a certain price, this price is then multiplied by 736 to get the contract value. This is of crucial importance to traders and investors when they're engaging in futures markets for commodities such as natural gas, crude oil, or electricity.