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Nearby

The nearest active trading month of a financial or commodity futures market. Related: Deferred futures.

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.

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.

nearby

In futures and options trading, the contract month that has the closest delivery or expiration. Also called lead month. Compare furthest out.
References in periodicals archive ?
AGOURA HILLS - Two men were killed in a two-car collision Tuesday afternoon near the Santa Monica Mountains, the California Highway Patrol said.
Using its already commercialized GaN-based blue LED technology as the basis, SDK has developed the near ultraviolet LED with a flip chip structure1), achieving a high power of 14 mW in the wavelengths of around 400nm.
Part of the authors' work on occurence and toxicity assessment of metals in soil near CCA-treated utility poles is supported by Bell Canada and Hydro- Quebec.
Temporary traffic lights on the A470 near Rhayader.
Ealy noted that Near North's expanding presence in such
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It added that four strikes were carried out in Syria, 3 of them near Ain Arab / Koban- / city and one near al-Raqa, that led to the destruction of two buildings for the ISIS organization and a storage unit and two tactical units and a training site.
on the northbound I-5 near Vista del Lago and hit the center divider.
Analysis of the broods from 1999 showed that the sex ratios of populations near the mill were normal.
Near North, which earlier this year sued three former employees it claimed violated noncompete agreements, said it filed a civil action under the federal Computer Fraud and Abuse Act against three former technology employees who allegedly used insider knowledge of the company's computers to hack into the system, read company e-mail and conceal their actions.
12, the unmanned spacecraft NEAR (Near Earth Asteroid Rendezvous) Shoemaker touched down on the asteroid 433 Eros, the twirling, elongated space rock that the craft had orbited for nearly a year (SN: 11/4/00, p.