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Even oil futures are still settled with actual oil though. The distinction here is they are cash settled, which is pretty weird for an asset that is easily deli
by tedunangst 9y ago
Even oil futures are still settled with actual oil though. The distinction here is they are cash settled, which is pretty weird for an asset that is easily delivered.
- jnordwick 9y agoDepends on the contract. Whine CL on CME is physically settled, WTI on ICE is financially settled. Both are contracts for the same underlying crude (I've traded them one for one in various strategies).