- nearby (delivery) month
- The futures contract month closest to expiration. Also referred to as spot month. Chicago Board of Trade glossary
Financial and business terms. 2012.
nearby (delivery) month
Look at other dictionaries:
deferred (delivery) month — The more distant month( s) in which futures trading is taking place, as distinguished from the nearby ( delivery) month. Chicago Board of Trade glossary … Financial and business terms
Delivery — The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. The New York Times Financial Glossary * * * delivery de‧liv‧er‧y [dɪˈlɪvri] noun deliveries PLURALFORM 1. [countable, uncountable] the act … Financial and business terms
delivery — The transfer of the cash commodity from the seller of a futures contract to the buyer of a futures contract. Each futures exchange has specific procedures for delivery of a cash commodity. Some futures contracts, such as stock index contracts,… … Financial and business terms
spot month — The futures contract month closest to expiration. Also referred to as nearby delivery month. Chicago Board of Trade glossary The nearest delivery month on a futures contract. Bloomberg Financial Dictionary The contract month of a futures contract … Financial and business terms
Nearby Month — In the context of options and futures, it s the month closest to delivery (futures) or expiration (options). Sometimes referred to as nearest month or spot month … Investment dictionary
nearby — The futures contract month with the earliest delivery period. The CENTER ONLINE Futures Glossary The nearest active trading month of a financial or commodity futures market. Related: deferred futures. Bloomberg Financial Dictionary The nearest… … Financial and business terms
Current Delivery — A type of futures contract that requires the delivery of the underlying commodity in the current or following month before other futures contracts of the same commodity with other delivery dates. Multiple futures contracts delivering the same… … Investment dictionary
DME Oman Crude Oil Futures Contract — Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark. The contract is traded on the CME Group’s electronic platform CME Globex, and cleared through… … Wikipedia
calendar spread — The purchase of one delivery month of a given futures contract and simultaneous sale of another delivery month of the same commodity on the same exchange. The purchase of either a call or put option and the simultaneous sale of the same type of… … Financial and business terms
contango — A market condition in which futures prices are higher in the distant delivery months. Bloomberg Financial Dictionary A term used in the futures markets to describe the situation when the spot or nearby prices (cash prices) are lower than longer… … Financial and business terms
