Current Delivery

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Current Delivery

Among several different futures contracts, the one with the shortest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the current deliver is the one expiring in March. It is also called the nearby deliver. See also: Most distant futures contract.
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The forward indices measure the index components based on First Nearby Contract Expirations that would be included in the Index on the specified forward dates.
NotionalFront is the total of the daily notional values of the nearby contract in a month (in C$ Billion).
Unique to the futures market, roll yield is the difference in the price of futures contracts as the nearby contract approaches expiry and the position must be rolled to the next contract.
The Indices use the First Nearby Contract Expirations of the S&P GSCI - moved three months forward from the present date - and weight the metals in proportion to the weightings derived from the S&P GSCI methodology.
But this failed to dampen price increases for West Texas Intermediate, the New York Mercantile Exchange's benchmark nearby contract.
or probably put-option spreads where you buy the nearby contract and sell the deep out of the money contracts to finance it.
While the S&P GSCI roll schedule is limited to the most liquid nearby contract months, the S&P GSCI Dynamic Roll Capped Component 35/20 matrix uses a systematic methodology to search for the optimal contract months along the curve, choosing from a set of the most liquid for a given commodity.
The InterCommodity Exchange's benchmark Brent nearby contract closed the week at $53.
Feedback from customers and the agribusiness industry is that they would like another tool to manage price risk on the price spread among the three nearby contract months as well as the differential of the old crop and new crop months," said Barry Goldblatt, CME Group Managing Director of Commodity, Energy and Metals Products.
8) a barrel mark for most of the week, the DME Oman benchmark crude futures nearby contract gained a solid $4.
The New York natural gas nearby contract closed out the week slightly lower, at $5.
If either of the two nearby contract months is locked limit at the close of trading on Tuesday, December 30, the limit on Wednesday December 31 will continue to be $0.