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Light Crude Oil (NYMEX)
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Contract Specifications:CL_,NYMEX Trading Unit: 1,000 U.S. barrels (42,000 gallons) Tick Size: $0.01 (1c) per barrel ($10 per contract) Quoted Units: US $ per barrel Initial Margin: $9,788 Maint Margin: $7,250 Contract Months: Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Dec First Notice Day: Two business days after last trading day. Last Trading Day: Trading terminates at the close of business on the third business day prior to the 25th calendar day of the month preceding the delivery month. Trading Hours: Electronic trading: 6:00 PM until 5:15 PM on CME Globex Platform. Daily Limit: $10.00 per barrel ($10,000 per contract)
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