7 ms·

They are cash-settled.

• flint 6y ago
  They are deliverable https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_contract_specifications.html https://www.cmegroup.com/trading/energy/crude-oil/light-swee...
  • mostlymeme 6y ago
    That's no the contract in which IBKR has lost money. These are: QM NYMEX, and WTI ICE. Both cash-settled.
    • 0x8BADF00D 6y ago
      CL is not cash settled, it is physical delivery. It is traded on NYMEX.
      • analyticstime 6y ago
        IBKR doesn't allow to trade CL in the day of settlement, only cash-settled contracts: QM - https://www.cmegroup.com/trading/energy/crude-oil/emini-crude-oil.html https://www.cmegroup.com/trading/energy/crude-oil/emini-crud... WTI - https://www.theice.com/products/213/WTI-Crude-Futures https://www.theice.com/products/213/WTI-Crude-Futures