October 21,2021 @01:50 PM
Meet FairX Micro Crude Oil futures, a Simple, Cost-Effective Way to Trade the Price of Oil. FairX’s micro-sized futures contract and low fees allow everyday traders to access one of the most actively traded global markets.
Ask your Edge Clear personal broker for details on this product. If you don’t have an expert Edge Clear broker yet, please fill out the form below and we will assign a member of the team to you.
MICRO CRUDE OIL FUTURES | |
---|---|
CONTRACT UNIT | 100 Barrels x WTI Crude Oil Price (~$70 WTI Price/~$7,000 notional) |
TRADING HOURS | Sunday – Friday 6pm – 5pm ET |
MINIMUM PRICE FLUCTUATION | 0.01 index points = $1.00 |
PRODUCT CODE | OIL |
LISTED CONTRACTS | Monthly contracts listed for nearest two months |
SETTLEMENT | Financially settled |
TERMINATION OF TRADING | Trading terminates 2:30pm ET 4 business days prior to the 25th calendar day or the month prior to the month of the contract |
INDICATIVE INITIAL MARGIN | Expected at ~10% or $700 |
GET ACCESS TO FAIRX MICRO CRUDE OIL FUTURES NOW
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