WTI Houston vs. WTI Calendar Month 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. 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 = $10.00 | ||||
| Product Code | CME Globex: HTMCME ClearPort: HTMClearing: HTM | ||||
| Listed Contracts | Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month is equal to the average of the NYMEX WTI Houston Crude OIl front month settlement price minus the NYMEX Light Sweet Crude OIl front month settlement price for each business day that it is determined during the calendar month. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 810 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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