Hey guys,
Someone with more experience trading futures for a while could answer this for me.
I am getting confused by the futures contracts expirations and "birth" dates.
For example the SP futures have 4 contracts per year correct, quarterly contracts that expires every 3 months.
SP contracts are H (march), M (june), U (september) and Z (december).
My doubt is, when we are in March, are we in fact starting to trade the M (june contract), and the H (march contract) is expiring. Is that it? The March contract had started trading in december?
Someone with more experience trading futures for a while could answer this for me.
I am getting confused by the futures contracts expirations and "birth" dates.
For example the SP futures have 4 contracts per year correct, quarterly contracts that expires every 3 months.
SP contracts are H (march), M (june), U (september) and Z (december).
My doubt is, when we are in March, are we in fact starting to trade the M (june contract), and the H (march contract) is expiring. Is that it? The March contract had started trading in december?
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