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Explore the power and precision of trading a smaller oil contract
On July 12, 2021*, Micro WTI Crude Oil futures will give traders of all sizes a smaller, more precise instrument for managing crude oil price exposure. At 1/10 the size of the benchmark WTI futures contract, Micro WTI Crude Oil futures offers the same robust transparency and price discovery of larger WTI futures with smaller margin requirements.
Can you help answer these questions from other members on NexusFi?
While I suspect liquidity will be fantastic long term, consider giving it a few days/weeks for the liquidity to build. Also, I expect the noobs who have never traded crude to be out in full force, so I wouldn't expect a particularly clean trade, especially the first day or two. Maybe will be different, but if I were a MM and signed up to provide liquidity for this, I'd certainly take that into account, so on the retail side, I wouldn't expect it to be an easy trade at first. Just a hunch but we'll see.
