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Futures tickers are a little different from stocks. Each futures market has a ticker symbol that is followed by symbols for the contract month and the year. For example, crude oil futures have a ticker symbol - CL. The complete ticker symbol for December 2007 Crude Oil Futures would be - CLZ7. The "CL" stands for the underlying futures contract.
The "Z" stands for a December delivery month. (F=Jan, G=Feb, H=Mar, J=Apr, K=May, M=June, N=July, Q=Aug, U=Sep, V=Oct, X=Nov, Z=Dec)
The "7" stands for the year - 2007. This is the standard formula for futures ticker symbols. Some quote services are a little different.
What else can I help you with?
What are some tips for buying Oil Futures?
Easy Forex has a good guide on purchasing oil futures. They will also provide guides for purchasing everything on the futures market from gold to wheat to pork bellies.
Does the company united Australian oil still exist?
Does the company United Australian Oil Ic. still exist I own stock and I want to know, if the company still exists how much the stock is selling for, and what the Dow Jones market symbol is.
What year did oil futures start?
1979
What explains the difference between the stock market and the commodity market?
Stock market, as the name explains deals with the stocks/shares of a company floated at a stock exchange.Commodity markets, deals with commodities such as Oil, Gold, Silver, Grain, Coffee, Cotton and so on.In both the markets, the stocks or commodities are traded at their respective exchanges.
What time does the oil market close?
The oil market operates primarily through futures contracts traded on exchanges such as the New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE). Generally, trading for West Texas Intermediate (WTI) crude oil futures on NYMEX closes at 2:30 PM Eastern Time on regular trading days. However, electronic trading may continue until 5:00 PM ET. It's important to check specific exchange hours, as they may vary.
What exactly is involved in trading oil futures?
Oil Futures are contracts that are legally binding. Buyer and seller have the obligation to take and make the delivery. Trading oil futures refers to the price oil is being traded at on the stock market.
Is broccoli traded on the stock market?
No, broccoli is not traded in the stock market. There are commodities traded in the futures exchanges, such as wheat, corn, canola oil, and others, but not broccoli.
What company is represented by the stock market symbol XOM?
The company with the stock market symbol XOM is Exxon Mobile, an oil and gas company from Irving, Texas. The current revenue of the company is $486.429 billion.
What are some dangers in trading oil futures?
There are many risks and dangers associated with trading oil futures. The oil market is volatile and may pick itself back up quickly, which leaves futures high but oil prices low. Oil futures are also difficult to predict in price.
What are some tips for buying Oil Futures?
Easy Forex has a good guide on purchasing oil futures. They will also provide guides for purchasing everything on the futures market from gold to wheat to pork bellies.
What is the difference between commodities and stocks or the difference between commodities and futures?
Commodities are things - stores of value, like gold, wheat, soybeans, cocoa, cotton, oil, etc. Futures are contracts for the future delivery of something - could be a commodity, stock index, foreign currency, bond, etc.
How can one see the price of oil futures?
The price of oil futures is similar to any other stock or commodity, in that it's shown on most financial websites. One can find the price of oil futures online at Forex, Yahoo! Finance, Bloomberg, CNNMoney.
What has the author Sally Clubley written?
Sally Clubley has written: 'Trading in Oil Futures and Options' 'Trading in oil futures' -- subject(s): Commodity exchanges, Futures market, Petroleum industry and trade, Speculation
What is the stock exchange symbol for oil?
oil-x
What was the stock symbol for mcculloch oil?
mccull oil
How does one get a start in the business of crude oil trading?
To start trading in crude oil futures, the fist thing one should do is read up on the futures market and understand how it operates. A familiarity with the oil industry and the environmental and economic factors that affect its profitability is also helpful. Or, one can select a broker who is an expert in the commodities futures market and has experience in crude oil trading.
What is the stock symbol for crude oil?
CL
