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CME Micro Crude Oil

Micro WTI Crude Oil futures will give traders of all sizes a smaller, more precise instrument for managing crude oil price exposure. At 1/10 the size of the benchmark WTI futures contract, Micro WTI Crude Oil futures offers the same robust transparency and price discovery of larger WTI futures with smaller margin requirements.

Edge Clear has pushed for the creation and delivery for this product since the launch of Micro Index Futures in May 2019. We are delighted to see this product go live and are happy to offer it at our competitive Micros pricing.

NEW
MICRO WTI CRUDE OIL FUTURES
E-MINI WTI CRUDE OIL FUTURES WTI CRUDE OIL FUTURES
AVAILABILITY TO TRADE July 12, 2021* Available now Available now
CONTRACT SIZE 100 barrels 500 barrels 1,000 barrels
RATIO TO STANDARD CONTRACT 1/10 1/2 1 (standard)
MINIMUM TICK/ PRICE FLUCTUATION $0.01 per barrel $0.025 per barrel $0.01 per barrel
DOLLAR VALUE OF ONE TICK $1 per contract $12.50 per contract $10 per contract
PRODUCT CODE MCL QM CL
SETTLEMENT Financial Financial Physical
EXPIRATION SCHEDULE 1 day prior to the expiration of WTI Crude Oil (CL) futures Standard
TRADING HOURS CME Globex:  Sun-Fri: 5 p.m. to 4 p.m.
Mon-Fri: 60-minute daily trading halt beginning at 4 p.m. CT
LISTING EXCHANGE NYMEX
ACCESS ENERGY BENCHMARKS
CAPITAL EFFICIENCY
AROUND THE CLOCK TRADING
AVAILABLE ON EDGEPROX

GET ACCESS TO CME MICRO CRUDE OIL NOW

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