spot month

Spot month

The nearest delivery month on a futures contract.

Nearby Month

Among several different futures contracts or options, describing the one with the shortest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the nearby month contract is the one expiring in March. It is also called the spot month. See also: Most distant futures contract.

spot month

The nearest month in which a currently traded futures contract is due for delivery.
References in periodicals archive ?
As a result of the reduced North Sea production, the Brent crude spot month premium over WTI crude has widened to $20 and the spread between the first over the second Brent futures contract has moved from a discount to a premium of 1.
Ethanol futures on the Chicago Board of Trade were flat to slightly higher, with the spot month up 0.
The proposals would limit positions in the spot month of derivatives markets such as crude oil futures to 25 percent of deliverable supply, and limit open interest held by any party to less than 10 percent of forward futures months in most cases.
These would limit positions in spot month of derivatives markets such as crude oil futures to 25 per cent of deliverable supply, and limit open interest held by any party to less than 10 per cent of forward futures months in most cases.
At this writing, roasters are still not well covered on the spot month much less for the fall quarter.
Speculative Position Limits: 600 contracts all months combined; 300 contracts any single month; 150 contracts spot month as of the business day preceding first notice day.
Historically short form, clip-length video has ruled streaming on the Web--as demonstrated by YouTube's top spot month after month.
What people did not expect is that the market has consistently discounted the spot month, so even with March '92 at 86 [cents] it looks like you're paying a premium when September in 6 [cents] less.
This report is based on a series of relevant export statistics on major China zinc oxide product exporters in the spot month.
We also appreciate the Commission's recognition of the need to establish equivalent position limits in the important spot month for physically-settled futures and those cash-settled futures and swaps which are based on the daily and final settlement prices of the primary physically-delivered price discovery contracts.
There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month, except in Minneapolis where there are no price limits in the spot month on the first business day following options expiration.
NGX will also generate an NGX Union Dawn Bid Week Spot Month Index for the Union Dawn market.