WTI Houston (Argus) vs. WTI BALMO

Futures
Globex Code
HIBF522
Last
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Change
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Volume
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Last Updated22 Jan 2025 01:16:35 AM CT.
Market data is delayed by at least 10 minutes

WTI Houston (Argus) vs. WTI BALMO 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: HIB
CME ClearPort: HIB
Clearing: HIB
Listed Contracts
Monthly BALMO contracts listed for 2 consecutive months
Settlement Method
Financially Settled
Floating Price
The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the WTI Houston (1st month) weighted average index price from Argus Media, minus the NYMEX Light Sweet Crude Oil Futures first nearby contract month settlement price from the selected start date through the end of the contract month, inclusive.
Termination of Trading
Trading terminates on the last business day of the contract month.
Position Limits
Exchange Rulebook
Block Minimum
Vendor Codes

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