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Light Crude Oil (CL, NYMEX)
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Contract Specifications:CL,NYMEX
Trading Unit: 1,000 U.S. barrels (42,000 gallons)
Tick Size: $0.01 (1¢) per barrel ($10 per contract)
Quoted Units: US $ per barrel
Initial Margin: $9,788   Maint Margin: $7,250
Contract Months: All 12 months.
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: Open outcry trading is conducted from 10:00 A.M. until 2:30 P.M.
Electronic Trading on CME Globex - Sun thru Fri 6:00 PM to 5:15 PM
Daily Limit: $10.00 per barrel ($10,000 per contract)

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