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

  • 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.

  • In order to achieve the investment objective of the Sub-Fund, the Manager will adopt a full replication strategy through investing directly in December month WTI Futures Contracts so as to give the Sub-Fund the performance of the Underlying Index.

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

  • In view of this, the Manager, after consultation with the relevant parties including the Clearing Broker, the Trustee and the SFC, made a decision to purchase a total number of 6,750 crude oil put option September 2020 WTI Futures Contracts which are listed on New York Mercantile Exchange with an expiration date on 20August 2020 (the “Put Options”) on behalf of the Sub-Fund on 1 May 2020.

  • The Prospectus states that in seeking to achieve the Sub-Fund’s investment objective, the Manager adopts a full replication strategy through investing directly in WTI Futures Contracts so as to give the Sub-Fund the performance of the Index (the “Stated Strategy”).

  • Accordingly, if the position held or controlled by the Manager reaches the relevant position limit or if the NAV of the Product grows significantly, the above restriction may prevent creations of Units due to the inability of the Product to acquire further WTI Futures Contracts.

  • In order to achieve the investment objective of the Sub-Fund, the Manager will adopt a full replication strategy through investing directly in December month WTI Futures Contracts so as to give the Sub-Fund the performance of the underlying index.

  • The Clearing Broker has informed the Manager that with effect from 4 May 2020 it will not facilitate any increase in the number of WTI Futures Contracts held by the Sub-Fund.

  • Reference is made to the Announcement in respect of the Sub-Fund issued on 28 April 2020 (the “28 April Announcement”), which informed the Unitholders that the Index Provider had announced that it would pre-roll WTI Futures Contracts to the July 2020 WTI Futures Contracts for all S&P DJI commodity indices, including the Index.

  • Among the 25 % loss of PEDEEE, 15 % is a technical loss and 13 % is a non-technical loss.

Related to WTI Futures Contracts

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

  • 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.

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

  • securities contract — ‘‘(A) means—

  • Contracts means all contracts, agreements, binding arrangements, bonds, notes, indentures, mortgages, debt instruments, purchase order, licenses (and all other contracts, agreements or binding arrangements concerning Intellectual Property), franchises, leases and other instruments or obligations of any kind, written or oral (including any amendments and other modifications thereto).

  • 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.

  • Commodities means the Commodities , raw materials, machines, equipments and/or other materials that should be provided by the Supplier to the Buyer under the Contract.

  • 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

  • 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: