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Micro Crude Oil Futures
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Micro Crude Oil Futures
Product Symbol MCL
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (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 AM to 2:30 PM (8:00 AM to 1:30 PM CT)
Contract Unit 1 barrel
Price Quotation U.S. dollars and cents per barrel
Minimum Fluctuation $0.01 per barrel
Floating Price The Floating Price is equal to the Light Sweet Crude Oil Futures 1st nearby contract settlement price on the penultimate trading day for the contract month.
Termination of Trading Trading shall cease one business day prior to the termination date of the Light Sweet Crude Oil Futures Contract for the delivery month.
Listed Contracts Current year and next 8 consecutive calendar years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 1116
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.