Update, 4 September 2026: this contract has not launched.
TCL was scheduled to list on 30 August pending regulatory review. That did not happen. CME’s product page has since removed the 30 August date, still describes the contract as coming soon, still carries the pending regulatory review footnote, and refers to TCL in future tense throughout. CME is still collecting email signups for launch details.
Some coverage published since 30 August states that the contract launched on that date and is now trading. CME’s own materials do not support that. If you have been searching your platform for the symbol, that is why it is not there.
CME Group has announced 10-Barrel WTI futures for NYMEX under the product code TCL. At 10 barrels it would be the smallest crude oil futures contract CME has ever listed, one tenth the size of Micro WTI and one hundredth the size of the benchmark contract.
Two things about this contract are worth knowing, and both cut against how it is being covered.
It is not trading yet. CME describes TCL as coming soon and pending regulatory review, in future tense, more than a week after the scheduled date. There is no contract-specification page. CNBC reported on 1 September that the contracts were originally scheduled to launch that Sunday and remain pending regulatory approval.
The tick is still unpublished. CME has not posted the minimum price increment or the dollar value of a tick anywhere we can find. No specification page, no fact card, no rulebook chapter. That is the number that decides whether this contract is worth trading at all, and it has now been missing for nearly three months since the June announcement.
The rest of this page covers what CME has documented, what it has not, and what the cost arithmetic will look like once the tick appears.
What is confirmed about 10-Barrel WTI futures, and what is not
Rather than bury this, here it is up front.
Confirmed by CME:
| Item | Confirmed value | Source |
|---|---|---|
| Product code | TCL | Globex Notice, 17 August 2026 |
| Contract size | 10 barrels | Product page |
| Ratio to Micro WTI | 1/10 | June press release |
| Ratio to benchmark WTI | 1/100 | Product page |
| Listing exchange | NYMEX | Product page |
| Settlement | Financial, cash settled | Product page |
| Current status | Coming soon, not yet listed | Product page, 4 September 2026 |
| Regulatory status | Still pending regulatory review | Product page footnote, 4 September 2026 |
| Original scheduled launch | 30 August 2026, did not occur | Globex operational document |
| Planned weekday maintenance | 4:00 to 4:02 p.m. CT | Product page and Globex operational document |
| Planned Saturday maintenance | 2:00 to 4:00 a.m. CT | Product page and Globex operational document |
| Weekend trade date | Assigned to the following business day | Product page and client-systems docs |
| Security group | CS | Globex Notice |
| Spread type | SP, Standard Calendar | Globex Notice |
| Market data | MDP 3.0 channel 325, market segment 74 | Globex operational document |
| Clearing route at launch | Globex only, no ClearPort | 24/7 hub page |
Not published as of 4 September 2026: the tick increment and tick value, the initial and maintenance margin, the listed contract months and listing cycle, the last trading day, price limits, block and BTIC eligibility beyond the spread designation, whether TCL volume will count toward CME volume-based fee discounts, a revised launch date, and platform support on NinjaTrader, Rithmic, Tradovate, TradingView or Interactive Brokers.
That is a long list of unknowns for a contract that was meant to be trading a week ago. We would rather show you the gap than fill it with estimates.
The TCL tick value, and why nobody can quote it yet
The tick is the whole cost story on a contract this small, so it is worth understanding why its absence matters.
Across the WTI complex, the per-barrel increment has been held constant and the tick value scales with contract size:
- Benchmark WTI (CL), 1,000 barrels, ticks at $0.01 per barrel, so one tick is $10.00.
- Micro WTI (MCL), 100 barrels, ticks at $0.01 per barrel, so one tick is $1.00.
- E-mini WTI (QM), 500 barrels, is the exception at $0.025 per barrel, so one tick is $12.50.
If TCL follows CL and MCL and keeps the one-cent-per-barrel increment, one tick on a 10-barrel contract would be worth ten cents. That ten-cent figure is our own arithmetic from the published pattern, not a CME number. It is the only assumption on this page, everything downstream of it is flagged, and CME could set a wider increment for a contract this small.
Two data points support the inference without confirming it. The Globex Notice lists TCL’s calendar spread as type SP, Standard Calendar, which is not one of the reduced-tick spread types CME uses where a different increment applies. And the whole rest of the complex, except QM, is at one cent. Neither is proof. Check CME’s contract-spec page when it appears, and certainly before you hard-code anything.
10-Barrel WTI vs Micro WTI vs the rest of the ladder
Everything below except the TCL tick is published by CME.
| TCL | MCL Micro WTI | QM E-mini WTI | CL benchmark WTI | |
|---|---|---|---|---|
| Contract size | 10 barrels | 100 barrels | 500 barrels | 1,000 barrels |
| Ratio to benchmark | 1/100 | 1/10 | 1/2 | 1 |
| Minimum tick | Unpublished* | $0.01 per barrel | $0.025 per barrel | $0.01 per barrel |
| Tick value | Unpublished* | $1.00 | $12.50 | $10.00 |
| Settlement | Cash | Cash | Cash | Physical, Cushing OK |
| Exchange | NYMEX | NYMEX | NYMEX | NYMEX |
| Trades weekends | Planned, not yet live | No | No | No |
| Currently trading | No | Yes | Yes | Yes |
* Assumed ten cents if the one-cent-per-barrel increment holds. See the section above.
Notional scales with the multiplier and moves with the market. At roughly $90 a barrel in early September, ten barrels is about $900 of exposure. CNBC put the figure near $860 a few days earlier, which is a useful reminder that the notional moves while the multiplier does not.
For scale on margin, CME’s product cards dated 7 July 2026 show Micro WTI at roughly $7,022 notional against $685 margin, E-mini WTI at roughly $35,110 against $3,423, and benchmark WTI at roughly $70,220 against $6,826. The TCL card reads “Coming soon” for both.
Two points matter more than the rest of the table. Benchmark CL is physically delivered at Cushing; the three smaller contracts are cash settled, so a retail trader is not facing delivery of barrels. And until TCL lists, Micro WTI is the smallest crude oil futures contract actually trading, and no WTI contract trades weekends.
The 10-Barrel WTI size framing that will confuse half the coverage
CME has described this contract two ways and both are correct.
The 11 June 2026 press release called it one tenth the size of Micro WTI. The product page calls it one hundredth the size of the benchmark. Ten barrels is one tenth of Micro WTI’s hundred and one hundredth of the benchmark’s thousand. The June wording measures against the Micro, the product page measures against the benchmark.
The trap is for a reader who anchors on the June “one tenth” line and then compares TCL against standard CL. That is off by a factor of ten. If you see coverage treating TCL as one tenth of the benchmark contract, it copied the press release and compared against the wrong reference.
The 24/7 mechanics for TCL: dates, windows and the weekend trade date
CME has been moving products onto 24/7 through 2026, family by family: cryptocurrency futures and options on 29 May, 1-Ounce Gold on 24 July, and 100-Ounce Silver scheduled for 11 September. TCL was meant to bring energy into that framework and has not yet. The rules are not identical across families, so the energy implementation is worth reading on its own terms.
The dates. Production launch was set for Sunday 30 August, with continuous weekend trading beginning at 4:02 p.m. Central on Friday 4 September. Neither happened, and CME has not published a revised schedule.
The windows. The published plan gives seven-day participants a two-minute maintenance window from 4:00 to 4:02 p.m. Central on weekdays, and a two-hour window on Saturday from 2:00 to 4:00 a.m. Central. Participants staying on the five-day schedule keep the existing Globex hours, Sunday 5:00 p.m. to Friday 4:00 p.m. Central with the hour break each day. CME’s product page still states this schedule in future tense.
The weekday window breaks down as close from 4:00:00 to 4:01:00, pre-open from 4:01:00 to 4:01:30, a no-cancel period from 4:01:30 to 4:02:00, then open at 4:02:00. The Saturday window is close from 2:00 to 3:45, pre-open from 3:45 to 4:00, open at 4:00.
Worth noting for anyone porting assumptions from the crypto rollout: the crypto launch schedule extended the daily maintenance to thirty minutes. The energy steady state is two minutes. CME’s own operational deck flags the reduction of the daily window to two minutes as a significant impact for both five-day and seven-day clients.
The weekend trade date. This is the rule most likely to break something quietly. TCL will trade continuously regardless of the calendar day, but activity from Friday evening through Sunday evening, and on exchange holidays, is assigned a trade date of the following business day. Clearing, settlement and regulatory reporting all process on that following business day. A fill taken at 10 a.m. on a Sunday will not carry a Sunday trade date.
Weekend settlement. During weekend sessions, client systems receive preliminary settlements. Final clearing and settlement land on the next business day, consistent with the trade-date rule.
Routing and tooling. At launch TCL is to be Globex only. ClearPort submission is not supported. CME Direct does not support weekend trading. Market data will flow on MDP 3.0 channel 325, market segment 74, and CME has added a seven-day trading indicator to its Reference Data API so systems can identify which products run on the continuous schedule.
Three things that will break a bot on TCL
Each of these is documented by CME and each will produce a silent or confusing failure rather than a clean error. The delay is a good thing here: it is free time to handle them before real money is involved.
Reconciliation that assumes trade date equals calendar date. Covered above and worth repeating because it is the one that will cost you an afternoon. Read the trade date off the fill record, not off the wall clock. Any weekend fill will disagree with a calendar-derived date, every weekend, forever.
The Saturday sequence reset. At the Saturday window, client systems face a disconnect and a sequence-number reset across iLink, Drop Copy and market data. CME advises clearing the order book and running your restart process. A reconnect handler written for a market that closes once a week, on Friday, will not be expecting this at 4 a.m. on a Saturday.
Good Till orders cancelled on Friday. By default, Good Till orders are eliminated every Friday at 4:00 p.m. Central for seven-day products, unless your clearing firm has enabled weekend credit settings. A resting order you expect to survive into the weekend may simply not be there. Confirm the setting with your FCM rather than assuming.
Beyond those three, the ordinary new-instrument work applies. Do not hard-code a tick value from an assumption, including ours. Re-derive position sizing from the confirmed tick rather than reusing tick counts from an MCL strategy, because the same tick count is a different dollar risk. Build roll logic that reads listed contracts from the exchange, since the TCL listing cycle is unpublished. And check that your data vendor carries channel 325 and that your symbol map points at exactly TCL. CME made TCL available in its New Release test environment from 30 June 2026, which is where to certify all of this before committing capital.
10-Barrel WTI margin and what it costs to trade
Margin is unpublished. CME’s product card reads “Coming soon.” Micro WTI margin was about $685 on the 7 July card, and TCL is one tenth of the Micro, but the exchange has not posted a figure and we will not invent one. Two things hold regardless: brokers set their own intraday and maintenance requirements on top of the exchange minimum, and the broker number is the one that liquidates you. Check CME’s margins page once TCL posts, then check your broker.
Commissions are the more interesting problem. No broker has published a TCL rate, which is unsurprising for a contract that has not listed. NinjaTrader’s published schedule states it is current as of 14 August 2026 and updates quarterly. What is published is the plan structure: $0.39 per side on micro contracts on the free plan, $0.29 on the $99 monthly plan, and $0.09 on the lifetime licence, with exchange, clearing and NFA fees on top. NinjaTrader’s fee material cites a clearing fee of $0.19 per contract, and routing through Rithmic adds about $0.25 per contract.
If TCL is billed at the micro rate, and if the tick is ten cents, here is the shape of it. Both conditions are assumptions, so treat this as an illustration of the structure rather than a quote:
| Plan | Per side | Round turn | TCL ticks to cover | MCL ticks to cover |
|---|---|---|---|---|
| Free | $0.39 | $0.78 | 7.8 | 0.78 |
| Monthly, $99 | $0.29 | $0.58 | 5.8 | 0.58 |
| Lifetime, $1,499 | $0.09 | $0.18 | 1.8 | 0.18 |
Read the last two columns together. The same $0.78 that costs less than one tick on a Micro would cost nearly eight ticks on a 10-barrel contract. Add the clearing fee and any routing fee, both charged per contract and both indifferent to contract size, and the break-even widens further.
That is the structural point, and it does not depend on the assumptions. Exchange, clearing and NFA fees are charged per contract and do not scale down with contract size. They sit underneath whatever commission a broker sets, which puts a floor under the cost of trading anything. A 10-barrel contract hits that floor far sooner than a 100-barrel one. Whatever the tick turns out to be, TCL will cost more per unit of exposure than MCL, because the fixed costs are spread across a tenth of the barrels.
That does not make it useless. It makes it a precision instrument rather than a cheap one. Use it to size exposure finely, to learn the crude market with tiny dollar risk, or to hold a weekend position no other WTI contract allows. Do not use it as a cheaper way to express a view you would otherwise take in MCL, because it will not be cheaper.
The single number to ask your broker for, once the contract lists, is the all-in round turn on TCL, commission and exchange fees together. Set that beside the tick and the answer is immediate.
Which WTI contracts do not trade 24/7
CME has a habit of running parallel product families with similar codes and different rules, and it has caught traders out twice this year already in the equity index and crypto complexes.
In the WTI family the position is currently simple: no WTI contract trades weekends. TCL is the one designed to, and it has not listed. MCL, QM and CL all keep the traditional Sunday-to-Friday schedule with the daily hour-long break at 4:00 p.m. Central. A trader who reads that CME crude is going 24/7, searches a platform for Micro WTI and assumes weekend access will be wrong twice over.
There is no Spot-Quoted WTI product as of today, so the specific confusion that hit the Nasdaq and crypto families does not exist here yet. Two smaller hazards remain. Some data vendors use short base symbols for crude that will surface unrelated instruments in a fast symbol search. And CME lists other WTI financial products, including Daily WTI Financial futures and WTI Trade Month futures, which are neither TCL nor on the 24/7 schedule. Match the code letter for letter.
Why 24/7 crude matters: the weekend gap problem
Oil does not respect the trading calendar, and the events that move it hardest have a habit of landing on weekends. This is the case for the contract, and it is why the delay is worth watching rather than shrugging at.
OPEC+ frequently meets and announces on Sundays. Through 2026 the eight-member group led by Saudi Arabia and Russia announced a run of roughly 188,000 barrel per day monthly increases on consecutive Sundays, with the September target set on Sunday 2 August before the group signalled a pause.
Geopolitics runs on no schedule at all. Congressional Research Service report R45281 records that during 2025 roughly 20 million barrels per day moved through the Strait of Hormuz, about a quarter of global oil and about a third of global crude oil trade. The EIA’s August 2026 Short-Term Energy Outlook shows what the disruption did to that: flows through the Strait averaged 4.9 million barrels per day in the second quarter of 2026, against 21.6 million in the fourth quarter of 2025 before the conflict began.
When that news breaks on a Saturday, a WTI trader can do nothing until the Sunday evening reopen. The contract reopens at a price that can sit several percent away from Friday’s close. After one 2026 escalation, an analyst quoted by Gulf News expected the reopening gap to be at least three percent on both benchmarks. A gap is not an abstraction: it is the price your stop actually fills at, which can be far worse than where you placed it.
Continuous trading would change the shape of that risk without removing it. Price would discover through the weekend, so instead of one large gap on Sunday evening you get a live market on Saturday and Sunday. Better, because you can act on Saturday news on Saturday. Worse, because a thin weekend book can move a long way on a modest order, and you can be stopped out at 3 a.m. on a Sunday while asleep. The gap risk becomes a liquidity risk.
There is a wider point behind the product. CNBC’s reporting on the delay framed TCL as part of a broader opening of oil trading to smaller participants, quoting an eToro Singapore analyst who described the market as having been gatekept by contract size. That is a fair read of the direction of travel. It is also why the fee floor discussed above matters: making a market reachable is not the same as making it cheap to trade.
What day-one TCL liquidity is likely to look like
TCL has no price history and no book. Early spreads will be wider and depth thinner than the established Micro, and that is true of every new listing rather than a criticism of this one.
The best available read comes from the products already running continuously. CME reported that nearly 15,000 1-Ounce Gold contracts traded over its inaugural 24/7 weekend, roughly $60 million in notional, with buyers and sellers typically within a dollar of each other through the weekend. By 11 August, CME reported more than 53,000 contracts traded in the expanded weekend sessions since the 24 July start, around $219 million in notional.
Two caveats on reading that across. Gold is not crude, and the crude weekend book will start from zero. And in crypto, which went continuous first, reporting noted that the deepest liquidity stayed on offshore venues even after the CME move, so continuous hours did not automatically relocate depth into the weekend.
For a longer view of how a right-sized crude contract can build, Micro WTI is the closest analogue. CME’s 11 June 2026 release put Micro WTI average daily volume at 272,000 contracts in May, up 317% against May 2025. That is encouraging, and it took years. When TCL does list, size early orders for a thin book, use limit orders rather than market orders through the first weekends, and do not assume you can exit size quickly at 3 a.m. on a Sunday.
Prop firms, funded accounts and weekend crude
We looked for published contract-equivalency rules or 24/7 policies from the major futures prop firms. As of today we found none. No firm appears to have published a TCL rule, an equivalency table entry, or a policy on weekend trading for the new energy contract. The delay makes that less urgent, and it also means nobody has been forced to answer yet.
The reason this matters is structural. Most evaluation and funded programs require positions flat by a daily cutoff, and many prohibit holding over a weekend at all. Firms also differ sharply on how drawdown is measured, between intraday trailing models that ratchet with unrealised profit and end-of-day models that only move on the close. Every one of those rules was written for a market that closes daily and shuts all weekend.
A contract that trades continuously does not fit cleanly, and the open questions have no published answers. Would the daily loss limit reset at the same boundary on a Saturday, while TCL is still trading? Would a trailing high-water mark update on weekend prints? Is a Sunday position an overnight hold, a weekend hold, or neither?
Until your firm publishes rules for seven-day products, assume the conservative reading: that weekend positions are not permitted and that your limits continue to apply against weekend price action. Ask the firm directly and get the answer in writing. The firms that answer clearly are telling you something useful about how carefully they have thought this through.
Does 10-Barrel WTI change your infrastructure needs?
Our honest read, as a company that hosts NinjaTrader and other futures platforms for automated traders.
If you are placing a few TCL contracts by hand during ordinary hours, no. A 10-barrel contract does not require special infrastructure, and anyone telling you otherwise is selling something. We would rather say that plainly.
The narrower argument is about the schedule rather than the size, and it applies once the contract lists. A market that trades continuously through weekends and holidays cannot be supervised from a laptop on a home connection that you turn off to sleep. If you hold TCL over a weekend, or you run automation that has to survive Saturday and Sunday sessions, the thing that fails is rarely the strategy. It is the power, the home connection, or the machine sleeping at 3 a.m. during the thinnest book of the week. That risk compounds during a launch period, when an automated system is reconnecting through an unfamiliar Saturday reset, on a new instrument, in a market with no established depth.
If that describes you, our NinjaTrader VPS page covers the setup and our Chicago location is the relevant one for NYMEX products. Measure your own path first rather than taking anyone’s number, ours included: the latency checker gives a zero-install read and our benchmarks page shows the method so you can reproduce it. If you are comparing providers rather than platforms, our futures VPS comparison ranks the field and discloses that we are one of the entries in it.
If you trade manually during the day, you do not need any of it for this contract.
How we checked this
Contract facts on this page come from CME Group’s own materials, read in full: the TCL product page, the WTI futures ladder page and its product cards dated 7 July 2026, the 24/7 crypto, energy and metals hub page, the 11 June 2026 press release, the Micro WTI fact card for the CL, MCL and QM tick values, the CME Globex operational document covering the 1-Ounce Gold and 10-Barrel Crude expansion to 24/7, the CME Globex Notice of 17 August 2026, and CME’s client-systems documentation on seven-day trading. The launch status and the delay come from CME’s product page as it stands today and from CNBC’s reporting of 1 September 2026. Commission components come from NinjaTrader’s published pricing and commission pages. The Strait of Hormuz figures come from Congressional Research Service report R45281 and the EIA’s August 2026 Short-Term Energy Outlook. Weekend gold volumes come from CME’s press releases of 27 July and 11 August 2026.
One figure on this page is ours rather than CME’s: the assumed ten cents per tick, inferred from the one-cent-per-barrel increment used across the rest of the WTI complex. Every cost calculation built on it inherits that assumption, and we have marked where.
Where CME’s own documents disagreed, we used the operational document over the press release. The gold 24/7 start is the example: the June press release says 26 July, the Globex operational document and the Product Modification Summary say weekend trading began on 24 July. Operational documents describe what the system actually does.
Where something is unpublished, we say so rather than estimating. The tick, the margin, the listing cycle, the last trading day, price limits, platform support and a revised launch date are all in that category today.
We have not traded this contract, because it has not listed. We rechecked CME’s product page on 4 September 2026 and it still describes TCL as coming soon and pending regulatory review, with no launch date and no contract-specification page. Our 29 August version described the listing as scheduled rather than confirmed, and that has held up. We will update this page again when CME publishes a revised date, the tick, or the margin.
Frequently asked questions
No. TCL was scheduled to list on 30 August 2026 pending regulatory review, and it did not. As of 4 September, CME’s product page has removed the launch date, describes the contract as coming soon, and still carries the pending regulatory review footnote. CNBC reported on 1 September that the contracts remain pending regulatory approval.
Because the contract has not listed. No platform is carrying it for live trading, and there is no CME contract-specification page for it yet. TCL has been available in CME’s New Release test environment since 30 June 2026, which is a certification environment rather than a live market.
TCL. It is announced as a NYMEX-listed, cash-settled crude oil futures contract of 10 barrels, and is still pending regulatory review.
CME has not published it. If TCL keeps the one-cent-per-barrel increment used by benchmark WTI and Micro WTI, one tick would be worth ten cents, but that is an inference from the published pattern rather than a CME figure. Check CME’s contract-spec page when it appears, before trading and before hard-coding it.
Ten barrels, which is one tenth the size of Micro WTI (100 barrels) and one hundredth the size of the benchmark WTI contract (1,000 barrels). At roughly $90 a barrel that is about $900 of notional exposure.
There is no confirmed date. CME’s Globex operational document set out a production launch on 30 August with continuous weekend trading beginning 4 September, but the listing did not go ahead and CME has not published a revised schedule.
Not yet, because the contract has not launched. When it does, TCL is designed as the first CME energy contract on the seven-day schedule, with a two-minute weekday maintenance window and a two-hour Saturday window.
Micro WTI (MCL) at 100 barrels, until TCL lists. TCL at 10 barrels would take that place, but it is not yet trading.
No. Micro WTI (MCL) is 100 barrels, trades Sunday to Friday, and is available now. TCL is 10 barrels, one tenth of MCL, is designed to trade weekends, and has not listed. Both are cash settled on NYMEX.
Activity from Friday evening through Sunday evening, and on exchange holidays, is assigned a trade date of the following business day. Clearing, settlement and regulatory reporting all process on that following business day, so a Sunday fill will not carry a Sunday trade date.
Unpublished. CME’s product card reads “Coming soon.” For scale, Micro WTI margin was about $685 on CME’s 7 July 2026 card. Your broker will also set its own intraday and maintenance requirements on top of the exchange minimum.
No broker has published a rate for a contract that has not listed. Because exchange, clearing and NFA fees are charged per contract and do not scale with contract size, a 10-barrel contract will cost more per unit of exposure than a Micro whatever the tick turns out to be. Ask your broker for the all-in round turn once it lists.
MCL, for now, because it is the only one of the two that trades. When TCL lists, choose it if you want the smallest possible dollar risk per tick or you want to hold crude over a weekend. Choose MCL if you want lower cost per unit of exposure, because the fixed per-contract fees spread across ten times the barrels.
No major futures prop firm appears to have published rules for TCL or for seven-day products. Most require positions flat by a daily cutoff and prohibit weekend holding, so assume weekend positions are not permitted until your firm confirms otherwise in writing.
Three things specifically: reconciliation that assumes trade date equals calendar date, reconnect logic that is not expecting the Saturday sequence-number reset across iLink, Drop Copy and market data, and Good Till orders being cancelled every Friday at 4:00 p.m. Central unless your clearing firm enables weekend credit settings. The delay is free time to handle all three.
Both are correct against different reference contracts. TCL is one tenth of Micro WTI and one hundredth of benchmark WTI. Coverage that copied the June press release wording and then compares TCL to the benchmark is off by a factor of ten.
Not for placing a few contracts by hand during the day. The narrower case is the schedule: if you eventually hold TCL over a weekend or run automation that must survive weekend sessions, the failure point is usually power, home internet or a sleeping machine rather than the strategy.
Contract facts on this page come from CME Group’s product pages, product cards, press releases, Globex notices, the 24/7 operational documents for 1-Ounce Gold and 10-Barrel Crude, and CME client-systems documentation, together with CNBC’s reporting on the launch delay, NinjaTrader’s published pricing pages, Congressional Research Service report R45281, the EIA Short-Term Energy Outlook, and named reporting on weekend crude and OPEC+ decisions. As of 4 September 2026 the contract has not listed, and the TCL tick, margin, listing cycle, last trading day, price limits, platform support and revised launch date were all unpublished; the ten-cents-per-tick figure and the cost calculations built on it are our own arithmetic. This is infrastructure and educational content, not trading or financial advice.
