| Items |
Specifications |
| Exchange |
IPE |
| Underlying Stock Index |
IPE (WTI) Light Sweet Crude Oil |
| Contract Size |
1,000 barrels |
| Minimum Price Fluctuation |
1,000 barrels |
| Contract Month |
Upto 72 consecutive months |
| Daily Price Limits |
There are no limits |
| Trading Hrs |
Singapore Time:
8pm - 5am, Mon - Sat (Summer Time)
9pm - 6am, Mon - Sat (Winter Time)
On the expiration date the expiring contract closes at 2:30am (Summer Time) and 3:30am (Winter Time) |
| Trading Hours on Last Trading Day |
N.A |
| Last Trading Day |
N.A |
| Final Settlement |
The West Texas Intermediate Light Sweet Crude Oil 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 penultimate settlement price for WTI crude futures as made public by NYMEX for the month of production per 2005 ISDA Commodity Definitions. |
| Close |
