Mark your calendar! Launching July 12, Micro WTI Crude Oil futures will offer a new, cost-effective way to access the world’s most liquid crude oil contract.
Micro WTI Crude Oil futures (MCL) are 1/10th the size of one WTI crude contract providing access to the same benchmark contract with robust transparency and price discovery but with a smaller financial commitment.
Crude oil futures have seen a strong bullish trend over the last 6-months. The NinjaTrader CL chart featuring a 21-day Simple Moving Average, Volume Up/Down indicator, and monthly Volume Profile areas show crude oil pushing past the highest prices we’ve seen since 2018.
Benefits of Micro Crude Oil Futures
- Scalability – Add more granularity to your energy trading and risk-management strategies by using Micro WTI Crude Oil futures to fine-tune your crude oil market exposure.
- Versatility – Micro Crude fits in seamlessly with its E-mini WTI Crude Oil and standard WTI Crude Oil futures counterparts. This lets you choose the contract size that best suits your goals as market conditions change or high-demand season nears.
- Capital Efficiency – Get access to the same features and benefits as the world’s most liquid oil contract, WTI futures, in a smaller-sized contract with smaller margin requirements and price transparency.
Get Ready to Trade Micro Crude with NinjaTrader
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Source: https://ninjatrader.com/blog/micro-wti-crude-oil-futures-launching-july-12/
