Current Delivery

(redirected from Nearby Delivery)

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Mentioned in ?
References in periodicals archive ?
Contracts for nearby delivery are trading at a premium to longer-dated ones as demand rises and supplies tighten.
European cargoes for nearby delivery to Amsterdam, Rotterdam or Antwerp (ARA) last closed at $52.31 a ton, up around 3 percent in the past month, partly supported by oil.
Backwardation means the cash or nearby delivery price of a commodity has risen above the price for forward delivery, which is usually higher.
Nymex crude delivery for June 2012 is $82.55, up from the previous week's $81.24, but not as much as the nearby delivery month, an indication that those trading for delivery two years and more in the future did not share last week in the nearby traders' strong optimism that all will be well in the world now.
All 28 lanes were reserved for Britney's party and they ordered 20 pizzas from a nearby delivery shop.
He stressed that all the staff at the Royal Mail sorting office at Watford and the nearby delivery offices had received their proper wages.
European cargoes for nearby delivery into Amsterdam, Rotterdam or Antwerp (ARA) last closed at $42.65 a ton, having fallen about 11 percent since the start of the year.