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Contract Unit | 1,000 barrels | ||||
Price Quotation | U.S. dollars and cents per barrel | ||||
Trading Hours | CME Globex: | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | CME ClearPort: | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | |
Minimum Price Fluctuation | $0.01 per barrel | ||||
Product Code | CME Globex: WCECME ClearPort: WCEClearing: WCE | ||||
Listed Contracts | 24 consecutive months | ||||
Settlement Method | Deliverable | ||||
Floating Price | This contract will be listed and traded as a differential until expiration at which time it will then settle as an outright price with the WTI calendar month average as the underlying value. | ||||
Termination Of Trading | Trading shall cease one Canadian business day prior to the Notice of Shipments (NOS) date on the Enbridge Pipeline. The NOS date occurs on or about the 20th calendar day of the month, subject to confirmation by Enbridge Pipeline. The official schedule for the NOS dates will be made publicly available by Enbridge Pipeline prior to the start of each year. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 1108 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Vendor Codes | Quote Vendor Symbols Listing |
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