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Disclaimer: This materials is of opinion solely and doesn’t guarantee any earnings. These are risky markets and solely risk capital ought to be used. Past performances are not necessarily indicative of future results.
Brent Crude Oil Futures Contract Specifications
UK Hours* Open 01:00 London native time (23.00 on Sundays) Close 23:00 London local time.
EST Hours Open 20:00 (18:00 on Sundays) Shut: 18:00 the following day.
Chicago Hours Open 19:00 (17:00 on Sundays) Shut: 17:00 the next day.
Singapore Hours Open 08:00 (06:00 on Monday mornings) close 06:00 the following day.
Buying and selling shall cease at the end of the designated settlement interval on the Enterprise Day (a buying and selling day which isn’t a public vacation in England and Wales) petroleum equipmentmpany oklahoma city 4dx instantly preceding:
(i) Either the 15th day before the primary day of the contract month, if such fifteenth day is a Enterprise Day
(ii) If such fifteenth day just isn’t a Enterprise Day the next preceding Enterprise Day.
The ICE Brent Crude futures contract is a deliverable contract primarily based on EFP supply with an choice to cash settle, i.e the ICE Brent Index price for the day following the final trading day of the futures contract.
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Threat DISCLOSURE: Previous outcomes are not essentially indicative of future outcomes. The danger of loss in futures buying and selling might be substantial, fastidiously consider the inherent dangers of such an investment in gentle of your monetary situation.
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