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Question:

NYSE crude oil futures have no limits on the day up or down

NYSE crude oil futures have no limits on the day up or down

Answer:

Generally speaking, the crude oil futures contract has good fluidity and high price transparency is one of the three benchmark price of world crude oil market, the public and the media usually talked about oil prices exceeded the number of dollars, mainly refers to the price.
No rise or fall limit.New York futures exchange light crude oil:Because of the strength of the United States super oil buyers, coupled with the impact of the New York stock exchange itself, to WTI as the benchmark crude oil futures trading, commodity prices in the global commodity futures became the leader.
CFX platform crude oil differential contract (based on WTI crude offer)Contract mark CLNew York commodity exchange (NYMEX)Trading hours Monday 6:00 am to 5:00 am (Beijing time) on SaturdayContract unit 1000 barrels (one standard hand)Quotation method USD / barrelMinimum price of $0.01 / barrelTransaction spread $0.05Margin $1000 (100 times leverage)

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