Permian WTI 1st Line Futures71544053
ICE Futures U.S.

Permian WTI 1st Line Futures

Description

A monthly cash settled future based on the ICE daily settlement price for Permian WTI Futures.

Market Specifications

Trading Screen Product Name
Crude Futures
Trading Screen Hub Name
Permian WTI 1st Line
Contract Symbol
HOO
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
Last Trading Day of the contract month
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
In respect of final settlement, the Floating Price will be a price in USD and cents per barrel based on the average of the settlement prices as made public by ICE for the front month Permian WTI Futures contract for the month of production.
Contract Series
Up to 96 consecutive months
Business Days
US business Days
MIC Code
IFED
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:00 PM*
19:50 - 18:00
7:40 PM
19:40
London12:50 AM - 11:00 PM*
00:50 - 23:00
12:40 AM
00:40
Singapore7:50 AM - 6:00 AM*
07:50 - 06:00
7:40 AM
07:40

*Next Day

Sunday Pre-Open 5:10 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Am Crude
Physical
HOO
Logical
HOO
GMI (FC)
NQ
Symbol Code
HOO