WTI Futures Contracts definition

WTI Futures Contracts means West Texas Intermediate crude oil (also known as Texas light sweet crude oil) Futures Contract traded on NYMEX.
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Examples of WTI Futures Contracts in a sentence

  • Market participants can trade WTI Futures Contracts on CME Globex from Sunday to Friday 6:00 p.m. to 5:00 p.m. (EST) with a 60-minute break each day beginning at 5:00 p.m. (Chicago time).

  • Specifically, the Sub-Fund will invest in current year December month WTI Futures Contracts before rolling in every October, in next year December month WTI Futures Contracts after rolling in every October, and in both current year and next year December month WTI Futures Contracts during the Roll Period in every October.

  • WTI Futures Contracts provide a basic unit of account in increments of 1,000 barrels and minimum fluctuation as USD0.01 per barrel.

  • WTI Futures Contracts are listed nine years forward using the following listing schedule: consecutive months are listed for the current year and the next five years.

  • The Sub-Fund is a futures-based ETF which invests directly in WTI Futures Contracts traded on The New York Mercantile Exchange (the "NYMEX") to provide investment results that, before fees and expenses, closely correspond to the performance of the underlying index.

  • However, as the Manager expects that the applicable margin requirement for WTI Futures Contracts will be higher than 10%, the Manager has applied to the SFC, and the SFC has granted, a waiver in respect of the Sub-Fund from the requirement under Chapter 8.4A(e) of the SFC Code, subject to certain conditions as stated in the prospectus of the Sub-Fund.

  • The number of commodities represented by such WTI Futures Contracts is only one (i.e. only crude oil).

  • Liquidity riskLiquidity risk is the risk that an entity will encounter difficulty in settling a liability, including a redemption request.The Sub-Fund invests the majority of its assets in WTI Futures Contracts.

  • Currently, 100% of the Sub-Fund’s holdings of WTI Futures Contracts are June 2020 contracts which will expire on 19 May 2020.

  • Unfilled s s*There are 5,391 students enrolled in Level 1+/1 schools in the region.

Related to WTI Futures Contracts

  • Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Futures Contract Option means an option with respect to a Futures Contract.

  • Stock Index Futures Contract means a bilateral agreement pursuant to which the parties agree to take or make delivery of an amount of cash equal to a specified dollar amount times the difference between the value of a particular stock index at the close of the last business day of the contract and the price at which the futures contract is originally struck.

  • Hedging Contracts means all Interest Rate Contracts, foreign exchange contracts, currency swap or option agreements, forward contracts, commodity swap, purchase or option agreements, other commodity price hedging arrangements, and all other similar agreements or arrangements designed to alter the risks of any Person arising from fluctuations in interest rates, currency values or commodity prices.

  • Oil and Gas Hedging Contracts means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against oil and gas price fluctuations.

  • Commodity means any material, article, supply, goods, or equipment.

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • securities contract — ‘‘(A) means—

  • Contracts means all contracts, leases, subleases, arrangements, commitments and other agreements, whether written or oral, including, without limitation, all license agreements, customer agreements, vendor agreements, purchase orders, installation and maintenance agreements, computer software licenses, hardware lease or rental agreements.

  • Bulk commodities means the following commodities, when shipped in rail tank cars, tanker trucks, trailers, other bulk wheeled conveyances, or pipelines:

  • Raw agricultural commodity means any food in its raw or natural state including fruits that are washed, colored, or otherwise treated in their unpeeled natural form before marketing.

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Commodities means positions in Commodity Contracts, forward contracts, foreign exchange positions and traded physical commodities, as well as cash commodities resulting from any of the foregoing positions.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Hedging Contract means (a) any agreement providing for options, swaps, floors, caps, collars, forward sales or forward purchases involving interest rates, commodities or commodity prices, equities, currencies, bonds, or indexes based on any of the foregoing, (b) any option, futures or forward contract traded on an exchange, and (c) any other derivative agreement or other similar agreement or arrangement.

  • sales contract means a contract under which a trader transfers or agrees to transfer the ownership of goods to a consumer and the consumer pays or agrees to pay the price, including any contract that has both goods and services as its object. Conformity

  • Credit Risk Manager Fee The fee payable to the Credit Risk Manager on each Distribution Date for its services as Credit Risk Manager, in an amount equal to one-twelfth of the Credit Risk Manager Fee Rate multiplied by the Stated Principal Balance of the Mortgage Loans immediately prior to such Distribution Date. Credit Risk Manager Fee Rate: 0.0165% per annum.

  • Derivatives Contract means a contract between two parties (the “Receiving Party” and the “Counterparty”) that is designed to expose the Receiving Party to economic benefits and risks that correspond substantially to the ownership by the Receiving Party of a number of shares in the capital of the Company or securities convertible into such shares specified or referenced in such contract (the number corresponding to such economic benefits and risks, the “Notional Securities”), regardless of whether obligations under such contract are required or permitted to be settled through the delivery of cash, shares in the capital of the Company or securities convertible into such shares or other property, without regard to any short position under the same or any other Derivatives Contract. For the avoidance of doubt, interests in broad-based index options, broad-based index futures and broad-based publicly traded market baskets of stocks approved for trading by the appropriate governmental authority shall not be deemed to be Derivatives Contracts;

  • Financial Contracts means any arrangement that:

  • Petroleum refinery means each facility engaged in producing gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, or other products through distillation of petroleum or through redistillation, cracking, extracting, or reforming of unfinished petroleum derivatives.

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Related Contracts is defined in clause (c) of Section 2.1.