ICE West Texas Intermediate Light Sweet Crude Oil
|ICE West Texas Intermediate (WTI) Light Sweet Crude Oil futures|
|Contract Size||one or more lots of 1,000 barrels|
|Pricing Unit||One cent ($0.01) per barrel|
|Tick Value||Need tick value!|
|Contract Months||Up to 108 consecutive months|
|Last Trading Day||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.|
|Note: This contract is electronic ONLY -- no open outcry|
|No Open Outcry||Electronic|
|Trading Hours||N/A||Trading for the contract is open 01:00 London (local time). The close is at 23:00 London time, except Monday morning when the open is 23:00 London time.|
The ICE Futures West Texas Intermediate (WTI) Light Sweet Crude Oil futures contract was launched on Feb. 3, 2006. A new daily volume record was established in the contract Nov. 29, with 385,502 contracts traded, surpassing the previous record established Jan. 11, 2007 of 377,672 contracts.
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West Texas Intermediate Light Sweet Crude Oil