- Trading Screen Product Name
- Mini WTI Crude Futures
- Trading Screen Hub Name
- Commodity Code
- Contract Size
- Unit of Trading
Any multiple of 100 barrels
- Trading Price
USD and cents (USD 0.01) per barrel
- Minimum Price Fluctuation
USD and cents (USD0.01) per barrel (USD 1.00 per tick)
- Last Trading Day
Trading shall cease at the end of the designated settlement period
on the 4th US business day prior to the 25th calendar day of the
month preceding the contract month. If the 25th calendar day of the
month is not a US business day the last Trading Day shall be the
Trading Day which is the fourth US business day prior to the last
US business day preceding the 25th calendar day of the month
preceding the contract month.
- Contract Security
ICE Clear Singapore acts as the central counterparty for trades
conducted on ICE Futures Singapore. This enables it to guarantee
the financial performance of every contract registered with it by
clearing members up to and including exercise and/or settlement.
- Daily Settlement
Price will reference ICE Futures Europe WTI Crude Futures
- Daily Margin
All open contracts are marked-to-market daily.
- Contract Series
Contract series to reference ICE Futures Europe WTI Crude Futures
- Delivery/Settlement Basis
Cash-settled against the ICE Futures Europe WTI Crude Futures final
settlement price as published by ICE Futures Europe on the last
Trading Day for the expiry month.
- Business Days
ICE Futures Europe business days.
- MIC Code
- Clearing Venues