WTI Houston (Argus) vs. WTI Trade Month

Futures and Options
Globex Code
HTTJ5
Last
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Change
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Volume
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Last Updated28 Feb 2025 04:39:01 PM CT.
Market data is delayed by at least 10 minutes

WTI Houston (Argus) vs. WTI Trade Month Futures - Contract Specs

Contract Unit
1,000 barrels
Price Quotation
U.S. dollars and cents per barrel
Trading Hours
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT))
Minimum Price Fluctuation
0.01 per barrel = $10.00
Product Code
CME Globex: HTT
CME ClearPort: HTT
Clearing: HTT
Listed Contracts
Monthly contracts listed for the current year and the next 7 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Settlement Method
Financially Settled
Floating Price
The Floating Price for each contract month is equal to the arithmetic average of the WTI
Houston (1st month) differential weighted average (Diff weighted average) index price from
Argus Media, which is based on the weighted average index price of WTI Houston minus the
"WTI Formula Basis" price from Argus Media, 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 terminates on the 25th calendar day of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates on the business day prior to the 25th calendar day.
Position Limits
Exchange Rulebook
Block Minimum
Vendor Codes

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