What Are E-mini Crude Oil Futures?
E-mini Crude Oil Futures (QM) are a smaller-sized version of standard Crude Oil Futures contracts. These contracts provide traders with exposure to crude oil price movements with reduced financial commitment, making them ideal for retail traders or those looking for precision in their energy trading strategies.
Contract Size
- Contract Size: 500 barrels of crude oil.
Trading Hours
The E-mini Crude Oil Futures contract trades nearly 24 hours a day, five days a week, providing consistent access to the global energy markets.
- Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: $0.025 per barrel.
- Tick Value: $12.50 per tick.
- Minimum Price Fluctuation: $0.025 per barrel.
This makes E-mini Crude Oil Futures an excellent choice for traders seeking liquidity and flexibility in the energy markets.
Trading Symbol
- Platform Symbol: QM
Margins
To trade E-mini Crude Oil Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade E-mini Crude Oil Futures?
- Accessibility: Smaller contract size compared to standard Crude Oil Futures makes QM more accessible to retail traders.
- Flexibility: Ideal for traders who want exposure to crude oil without the higher commitment of standard contracts.
- Liquidity: Consistent liquidity ensures efficient trade execution.
- Hedging Opportunities: Perfect for hedging against price fluctuations in the energy markets.
- Diversification: Add exposure to the global energy sector as part of a broader trading strategy.
Start Trading QM with Ironbeam
Ironbeam provides a robust trading platform and API to help you access E-mini Crude Oil Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.