Mini WTI Crude Futures (100 BBL)

Mini WTI Crude Futures (100 BBL)60045054

Description

Cash-settled contract based on the ICE Futures Europe West Texas Intermediate (WTI) Crude Futures Contract.

Market Specifications

Trading Screen Product Name
Mini WTI Crude Futures
Trading Screen Hub Name
ICSG
Contract Symbol
TM
Contract Size
100 barrels
Unit of Trading
Any multiple of 100 barrels
Currency
US Dollars
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
IFSG
Clearing Venues
ICSG
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Trading Hours

CityTradingPre-Open
New York8:00 PM - 6:00 PM*
20:00 - 18:00
7:55 PM
19:55
London1:00 AM - 11:00 PM*
01:00 - 23:00
12:55 AM
00:55
Singapore9:00 AM - 7:00 AM*
09:00 - 07:00
8:55 AM
08:55

*Next Day

SG Mondays: Open and Pre-open will begin 2 hours earlier than usual

Codes

Clearing Admin Name
SG WTI Mini
Physical
TM
Logical
TM
GMI(FC)
R&N A.C.N.