), Final Execution Price of Individual Auction, Yen-based monthly average value of Dubai calculated by the Exchange based on the prices reported by a price information vendor (as a general rule, platts), Six consecutive months (On the day when a new contract month is generated, there will be six consecutive months starting from the month which the said day belongs to.). The light sweet futures contract calls for the delivery of 1,000 barrels of crude oil in Cushing, Oklahoma. Use WTI Crude Oil futures to hedge against adverse oil price moves or speculate on whether WTI oil prices will rise or fall. Day session on the last business day of the current contract month. The CME trades two main types of crude oil: light sweet crude oil and Brent crude oil. TOCOM Crude Oil Standard Middle East crude oil (The value of Dubai which acts as the benchmark price of Middle East crude oil.) - 4:00a.m. We see our TOCOM Dubai Crude Oil contract winning stronger recognition as a Middle East oil benchmark. Position limits are not applicable; however, if it is deemed necessary by the Exchange, a limit on positions will be established. As the ETN becomes more active, TOCOM Dubai crude oil futures volume is growing. The minimum price fluctuation is one cent per barrel or $10 per contract. Reuters Contract Detail: TCE/JCO
Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio. Crude Oil futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of crude oil (eg. Contract : Gas Oil : Exchange : TOCOM : Tick Size : 10 points (JPY 500 per contract) Daily Limit : consult exchange : Contract Size : 50 kiloliters : Trading Months : All Months : Trading Hours : 9:00a.m. Level 1 (S1) Level 2 (S2) Level 3 (S3) 31,830: 31,723: 31,657: MCX Crude Oil : Buy Signal / Sell Signal. The Singapore contract was launched in November 2002, but failed to gain liquidity. Light Sweet Crude Oil (CL) E-Mini S&P 500 Index Futures. TOCOM Dubai crude oil futures saw a significant growth in 2015, reaching 3,651,528 contracts, four times larger than the previous year. Created by Nomura and listed on JPX, the product uses the TOCOM Crude Oil Leverage Index and has a volatility ratio of 2:1, moving twice as much as the TOCOM Crude Index. JPY Nikkei 225. The number of outstanding beneficiary rights of the ETN has risen to 100 million units. Contract specifications On the CME and ICE, one full contract of crude oil settles for 1,000 barrels or 4,200 gallons of the commodity, and the price quotation is in the U.S. dollar and cents per barrel. WTI Crude oil futures are the West Texas Intermediate, (WTI) or light sweet crude oil that is stored and distributed in Cushing, Oklahoma and has long been a benchmark for oil prices. The Tokyo Commodity Exchange, Inc. (TOCOM) listed their new Technically Specified Rubber (TSR) futures contracts on October 9, 2018 after receiving regulatory approval from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry. Singapore — 0255 GMT: Crude oil futures fell during mid-morning trade in Asia Dec. 9, as data released from the American Petroleum Institute showed a build in crude and product inventories, with the continued progression of the pandemic also weighing on the market. Closing Call Auction (Ita-awase) : 5:30 a.m. of the following morning (JST), 50 kl (approximately 314,5 barrels) / contract, The SCB trigger level is to be set everyday at the start of a new clearing period (i.e.the start of a night session at 16:30) and is based on the settlement price of the previous clearing period (or the settlement price of the preceding contract month, in case of a new contract month), The DCB trigger level is to be set based on DCB Reference Price (the last traded price,in principle). Continuous Trading (Zaraba) : 4:30 p.m. to 5:25 a.m. of the following morning (JST)
Circuit Breaker Trigger Level (Static Circuit Breaker (SCB) Level) U.S. crude oil production in 2019 rose by +11.3% yr/yr to 12.238 million barrels per day. We s… Please see the website of Japan Securities Clearing Corporation (JSCC) for more details. Crude oil finished the year up +34.5% yr/yr at $61.06 a barrel. Additionally, the settlement price displayed on the Daily Bulletin matches that of the full-sized contracts for purposes of marking-to-market, as the contracts are fungible, on a 2:1 basis. Gold of minimum 99.99% fineness 500 g (approx. Supply - World crude oil supply in 2019 fell by -0.7% yr/yr to 101.2 million bpd in December 2019 from 101.9 million bpd at the end of 2018. Each TOCOM Crude Oil futures contract represents 50 kiloliters of Middle East crude oil (the average value of Dubai and Oman which acts as the benchmark price of Middle East crude oil. Contract Specifications. Day session on the next business day of the Last Trading Day of the current contract month. Live Cattle. Grades and Quality Specifications Medium sour crude oil, of which the quality specifications are as follows: the gravity is 32.0 degrees API and sulfur content is 1.5% by weight. For contract specifications, please click here Find out the Margin Requirements for each product here Following the significant growth in crude oil futures, TOCOM has received numerous requests from market participants to relax position limits, which would allow for more trading. In contrast, kerosene contracts posted the largest month-on-month slump of 41.77% to 10,072 trades. Copyright©Tokyo Commodity Exchange, Inc. Allrights reserved. JPY 10 per 1 kiloliter. TOCOM to Adjust Crude Oil Futures Contract Specifications in January 2015 10.21.2014 The Tokyo Commodity Exchange, Inc. announced today that it has received regulatory approval on October 17 to change the specifications of Crude Oil futures beginning with the June 2015 contract with trade starting on January 5, 2015. As SPAN Margining System started from January 4, 2011, Japan Securities Clearing Corporation (JSCC) will set its parameters based on historical price fluctuation. 1. E-Mini Crude Oil Futures. Price Increment . 3. By contrast, CME contracts are based on light sweet crude oil found in the U.S., Middle East and Far Eastern countries and ICE contracts are priced on North Sea oil. Day session on the last business day of the current contract month. The light sweet futures contract calls for the delivery of 1,000 barrels of crude oil in Cushing, Oklahoma. Deliverable Crudes . WTI (West Texas Intermediate, a US light sweet crude oil blend) futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in US crude oil production. necessary. Previously, crude oil futures settled with the monthly average of Platts Dubai and Oman prices. Traded oil futures on TOCOM in December were all lower from the previous month, with Dubai crude oil contracts posting the smallest decline of 4.49% to 414,934 trades in December. SGX plans to trade its US dollar-denominated Meco futures contract on the SGX electronic trading system subject to regulatory approval, while Tocom plans to change the rules on its existing crude oil futures contract to use Platts prices in the calculation of the final settlement price, subject to … NYMEX versus ICE. Contract Unit. Singapore — The crude oil market in Asia started the week of Dec. 14 lower, as negotiations over a US stimulus package remained stalled, while the prospect of more Iranian oil amid near-term uptick in COVID-19 cases, offset the optimism brought by the granting of an emergency authorization by the US Food and Drug Administration … Micro Gold. 32.15 oz) 100 g (approx. 5:00pm – 4:00pm (Sun–Fri) CT with a 60-minute break each day beginning at 4:00pm CT . ), Six consecutive months (On the day when a new contract month is generated, there will be six consecutive months starting from the month which the day belongs to.). Traded oil futures on the Tokyo Commodity Exchange dipped 2.22% month on month to 244,825 trades in July, and slid 46.87% year on year, latest TOCOM data showed Tuesday. As of July 2008, each TOCOM Crude Oil futures contract is subject to a margin rate of 180,000 yen. Silver Platinum Palladium Gold Standard Mini. 16.08 oz) Silver of minimum 99.99% fineness Palladium of minimum 99.95% fineness 1 kg (approx. Trading Signals for Tocom Crude Oil with Buy, Sell, Hold recommendations, technical analysis, and trading strategy. Day session on the next business day of the Last Trading Day of the current contract month. The issuer uses TOCOM futures to hedge its exposure. TOCOM crude oil futures prices are quoted in yen per kiloliter and are traded in lot sizes of 50 kiloliters (13,210 gallons). Opening Call Auction (Ita-awase) : 8:45 a.m. (JST)
Opening Call Auction (Ita-awase) : 4:30 p.m. (JST)
Middle East crude oil (The value of Dubai which acts as the benchmark price of Middle East crude oil. Day Session
However, limits may be set if the exchange finds it
The contract gained popularity among Japanese retail investors. The ICE Brent Crude futures contract is a deliverable contract based on EFP delivery with an option to cash settle against the ICE Brent Index price for the last trading day of the futures contract. USD Nikkei 225. Closing Call Auction (Ita-awase) : 3:15 p.m. (JST)
A business day following the Last Trading Day of the current contract month. Open Interest by Categories [Weekly] (Platts Cash-settled Lorry Gas Oil) Contract Specifications (Platts Cash-settled Lorry Gas Oil) 2017/5/8: Dubai Crude Oil: Quotes for Individual Products (Dubai Crude Oil) Open Interest by Categories [Weekly] (Dubai Crude Oil) Contract Specifications (Dubai Crude Oil) 2001/9/10(Trial listing) At 10:58 am Singapore time (0258 GMT), the … - 3:15pa.m. Brent Crude Last Day Financials Futures. NYMEX Brent crude oil futures are traded in units of 1000 barrels (42000 gallons) and contract prices are quoted in dollars and cents per barrel. (Tokyo) Value of One Futures Unit : JPY 50 : Value of One Options Unit : JPY 50 : Last Trading Day Contract Month. Trading Hours. 50 kl (approximately 314,5 barrels) / contract. 1000 barrels) at a predetermined price on a future delivery date. ... Contract Specifications Futures Expirations First Notice Dates Options Expirations Economic Calendar CME Group Education. Read more news. Continuous Trading (Zaraba) : 8:45 a.m. to 3:10 p.m. (JST)
as whole crude petroleum. and 4:30p.m. Light sweet crude oil meeting all of the following specifications and designations shall be deliverable in satisfaction of futures contract delivery obligations under this rule: 200101.A. Tokyo Commodities Exchange (TOCOM) - Tocom Crude Oil This page lists all futures symbols for the selected exchange. Night Session
Contract Specifications. Market Data Platts Dubai Crude Oil MCX Crude Oil : Support Levels. Cash Markets. Tokyo Commodity Exchange, Inc. website. No Position Limits. A business day following the Last Trading Day of the current contract month. KC HRW Wheat. Trading Hours Day Session 7:45 to 14:15 Night Session 15:30 to 4:30 Contract Months Six consecutive months (On the day when a New Contract Month is generated, there will be six consecutive months starting from the month This change better aligned the contract with the practices of the Japanese petroleum trading community, where Dubai crude oil prices are more widely accepted as the benchmark. Ultra 10 Year US Treasury Note. ... Contract Specifications. 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