CME NYMEX: AY WTS (Argus) Trade Month Futures prices chart

WTS (Argus) Trade Month Futures (CME NYMEX: AY) Contract Specifications

Product Code: CME Globex: AY, CME ClearPort: AY, Clearing: AY

Contract Unit: 1,000 barrels
Price Quotation: U.S. Dollars and Cents per barrel
Minimum Price Fluctuation: $0.01 per barrel
Settlement Method: Financially Settled

Listed Contracts: The current year and the next 5 consecutive calendar years. At the expiration of the December contract month, a new, full year shall be added

Floating Price: The Floating Price for each contract month is equal to the arithmetic average of the WTS (1st month) weighted average (wtd avg) outright price from Argus Media for each business day that it is determined for the Trade month period beginning with the first business day after the 25th calendar day two months prior to the contract month through the last business day that falls on or before the 25th calendar day of the month prior to the contract month. If the 25th calendar day is a weekend or holiday, the Trade month period shall end on the first business day prior to the 25th calendar day.

Termination of Trading: Trading shall cease at the close of trading on the last business day that falls on or before the 25th calendar day of the month prior to the contract month. If the 25th calendar day is a weekend or holiday, trading shall cease on the first business day prior to the 25th calendar day.

Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)