Most distant futures contract

Most distant futures contract

When several futures contracts are considered, the contract settling last. Related: nearby futures contract
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Furthest Month

Among several different futures contracts or options, describing the one with the longest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the furthest month futures contract is the one expiring in September.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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