Test 7
Test 7 snippet
Middle East Crude Perpetual – SB
Contract Details
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | Middle East Crude Perpetual |
| MT5 Trader Code | Middle_East_Crude_Perp.s |
| Contract Classification | Commodity SB |
| Geographical Region | Middle East |
Contract Specification
| Sector | Energy |
| Contract Size | 100 |
| Contract Unit | Barrels |
| Currency | USD |
| Value of Tick | 1 per 0.01 |
| Margins | Download our margins sheet |
Expiry Trading Overview
| Trading Hours | 7:30am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Perpetual: Comprising a blend of the live price of the front 2 months futures contracts, with the weighting adjusting as it moves along the forward curve. |