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 Glossary   >   N   >   "Nearby futures contract" Definition   

        Nearby futures contract

When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the next out) futures contract is the one that settles just after the nearby futures contract. The contract farthest away in time from settlement is called the most distant futures contract.

Nearby futures contract


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Nearby futures contract - When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the next out) futures contract is the one that settles just after the nearby futures contract. The contract farthest away in time from settlement is called the most distant futures contract.


Nearby futures contract : when several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. the next (or the next out) futures contract is the one that settles just after the nearby futures contract. the contract farthest away in time from settlement is called the most distant futures contract.