What is the tick value of MCL futures?

The tick value of MCL (Micro Crude Oil Futures) is $1.00 per tick. The minimum tick size is 0.01, and one full point is worth $100.00.

What exchange does MCL trade on?

MCL (Micro Crude Oil Futures) trades on the NYMEX exchange, which is part of the CME Group.

MCL contracts expire in Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec. These are the standard contract months set by the exchange.

Micro

Micro Crude Oil Futures — Contract Specifications

SymbolMCL

DescriptionMicro Crude Oil Futures

Exchange / VenueNYMEX

Tick Size0.01

Tick Value$1.00

Point Value$100.00 / point

Contract TypeMicro

Contract MonthsJan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

1 Tick Move

$1.00

1 Point Move

$100.00

10 Point Move

$1,000.00

Side

Entry Price

Exit Price

Contracts

Enter entry and exit prices to calculate P&L