- Trading Screen Product Name
- Crude Futures
- Trading Screen Hub Name
- WTI CSO 1 Month
- Contract Symbol
TIA
- 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 tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per barrel
- Last Trading Day
Close of business on the Last Trading Day of the underlying ICE WTI Crude Futures contract. In this case the close of business refers to the settlement time of the WTI Futures at 19:30 London time
- 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 reference price will be a price in USD and cents per barrel equal to the difference of the nearby ICE WTI Crude Futures contract and the next consecutive contract month of the ICE WTI Crude Futures contract series.
- Contract Series
Up to 48 consecutive 1-month calendar spreads
- Final Payment Date
One Business Day following the Last Trading Day
- Business Days
ICE Business Days
- MIC Code
- IFED
- Clearing Venues
- ICEU