Asset Class Navigation

WTI Houston (Argus) vs. WTI Trade Month BALMO Futures Contract Specs

Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. 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 = $10.00
Product Code CME Globex: HTB
CME ClearPort: HTB
Clearing: HTB
Listed Contracts Monthly BALMO contracts listed for 2 consecutive months
Settlement Method Financially Settled
Termination Of Trading Trading terminates on the 25th calendar day of the month prior to the contract month. If the 25th calendar day is is not a business day, trading terminates on the business day prior to the 25th calendar day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 383
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing