BZ Futures (Brent Last Day): Tick Value, Expiries, Order Flow

BZ contract specifications

The contract unit is 1,000 barrels, quoted in U.S. dollars and cents per barrel. The minimum fluctuation is $0.01 per barrel, so one tick is worth $10 and a one-dollar move $1,000 per contract. It is settled by financial (cash) settlement. Senzoukria's contract table holds the same tick and multiplier on the NYMEX venue code.

BZ last trading day and next contracts

Trading ends on the same day as ICE Brent futures for the delivery month: the last London business day of the second month preceding the contract month, except when that day is the London business day before New Year's Day, in which case trading ends on the second London business day before New Year's Day.

No contract in Senzoukria's catalogue stops trading further ahead of its contract month: the December contract ends on the last London business day of October. For BZX6, the default moves to the next listed month on September 26, 2026 (4 calendar days before September 30, 2026), and BZX6 stays selectable with its badge until that date.

For BZG7 the last London business day of December 2026 is December 31, the business day before New Year's Day, so trading ends on Wednesday, December 30, 2026. Senzoukria's engine uses December 31.

BZ tick value and P&L arithmetic

• One tick = $0.01 × 1,000 = $10.
• 10 ticks ($0.10 per barrel) = $100 per contract.
• A $0.30 stop is 30 ticks: $300 per contract, $600 on 2 contracts.
• The same $0.30 on CL is $300 per contract.

Reading BZ order flow

With row resolution off, a BZ footprint has one row per $0.01 tick and prices carry 2 decimals. The fixed steps give 2 ticks = 0.02, 4 ticks = 0.04, 8 ticks = 0.08, 16 ticks = 0.16, 32 ticks = 0.32 dollars per barrel per row.

BZ quotes Brent in dollars per barrel with a one-cent tick on 1,000 barrels, the same arithmetic as CL, but it is a financially settled contract whose expiry follows the ICE Brent calendar, two months ahead of the contract month. A BZ footprint shows BZ executions on NYMEX, not the ICE Brent market.

Using BZ in Senzoukria

• Symbol picker on a Rithmic or Databento CME source: type BZ; on September 25, 2026 the listed contract is BZX6 (November 2026), in the Energy family.
• Heatmap and DOM show that contract's book with NYMEX as the venue in the ladder header.
• Replay lists BZ in the Energy group. In the automatic backtest, set Point value ($) to 1,000, the value of a one-dollar move; the field defaults to 2.