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Daily WTI Financial Futures Contract Specs

Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Minimum Price Fluctuation $0.01 per barrel
Product Code CME Globex: DCL
CME ClearPort: DCL
Open Outcry: DCL
Clearing: DCL
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: 2 Consecutive Months
DEFAULT 2 Consecutive Months
Settlement Method Financially Settled
Floating Price The Floating Price for each daily contract is equal to the settlement price for the NYMEX Light Sweet Crude Oil Futures contract.
Termination Of Trading Trading shall cease on the close of trading for the daily contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 179
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing