- Trading Screen Product Name
- WTI Crude Futures
- Trading Screen Hub Name
- WTI LD
- Contract Symbol
WLD
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per barrel
- Settlement Price Quotation
One cent ($0.01) per barrel
- Minimum Price Fluctuation
One cent ($0.01) per barrel
- Last Trading Day
Trading shall cease at the end of the designated settlement period
on the 3rd 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 Final Trade 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.
- Floating Price
In respect of daily settlement, the Floating Price will be
determined by ICE using price data from a number of sources
including spot, forward and derivative markets for both physical
and financial products.
- Final Settlement
The West Texas Intermediate Light Sweet Crude Oil Last Day futures
contract is cash settled against the prevailing market price for US
light sweet crude. It is a price in USD per barrel equal to the
settlement price for WTI crude futures as made public by NYMEX for
the month of production per 2005 ISDA Commodity Definitions.
- Contract Series
Up to 108 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Day in the
determination period.
- Business Days
ICE Business Days
- Markers
TAS
(Trade at Settlement)
- MIC Code
- IFEU
- Clearing Venues
- ICEU