NYMEX Light Crude Oil Futures
| NYMEX Light oil contracts are traded on the NYMEX or the New York Mercantile Exchange.
NYMEX Light oil futures, how to trade US Light crude online
Most online trading platforms will allow the user or trader to speculate in either Light crude oil futures or Brent crude oil futures at leverage prices. It all depends on what trading platform you choose.
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NYMEX Light oil futures contracts
Oil futures contracts are traded on regulated futures exchanges. Trading can take place through electronic dealing systems, open outcry around a pit or a combination of both.
Historically, trading at NYMEX involved the physical transfer of goods between buyers and sellers. However, today NYMEX deals in oil and copper, without any view of copper mine or oil wells. NYMEX oil trading occurs with the exchange of paper agreements, called future contracts.
How to trade NYMEX Light crude oil online
Choose an online provider who offers Light oil trading, opposed to ICE Brent oil trading. Typically, oil trading service providers offer US Light oil trading services. See platforms
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