Crude oil futures contract specs

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The ICE West Texas Intermediate WTI Light Sweet Crude Oil Futures Contract offers participants the opportunity to trade one of the world's most liquid oil commodities in an electronic marketplace.

The contract not only brings the benefits of electronic trading a US light sweetcrude maker, but also brings together the world's three most significant oil benchmarks on a single exchange: Brent, Middle East Sour Crude and WTI. This offers a reduction in collateral requirements through the offsetting of margins.

E-mini Crude Oil Futures Contract Specs - CME Group

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Crude Oil Options Explained | The Options & Futures Guide

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Crude Oil Futures Contract Specs - CME Group

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Asset Classes Energy Interest Rates Agriculture Equity Derivatives Metals Credit Derivatives FX Emissions Cash Equities. WTI Crude Futures Product Specs Data Expiry Details Margin Rates Options Download. Description The ICE West Texas Intermediate WTI Light Sweet Crude Oil Futures Contract offers participants the opportunity to trade one of the world's most liquid oil commodities in an electronic marketplace.

Market Specifications Trading Screen Product Name WTI Crude Futures Trading Screen Hub Name WTI Contract Symbol T.

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The Exchange may impose position accountability levels or limits on positions in this contract at its discretion as provided in Rules P8 and P3 respectively.

Current position accountability levels: In any one month: Exemptions from position limits may be granted at Exchange discretion for bona fide hedge positions. Trading shall cease at the end of the designated settlement period on the 4th US business day prior to the 25th calendar day of the month preceding the contract month. If the 25th calendar day of the month is not a US business day the Final Trade Day shall be the Trading Day which is the fourth US business day prior to the last US business day preceding the 25th calendar day of the month preceding the contract month.

The West Texas Intermediate Light Sweet Crude Oil futures contract is cash settled against the prevailing market price for US light sweet crude. It is a price in USD per barrel equal to the penultimate settlement price for WTI crude futures as made public by NYMEX for the month of production per ISDA Commodity Definitions.

Trading Hours City Trading Pre-Open New York 8: Codes Clearing Admin Name ICE WTI Physical T Logical WBS.

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