Financial Definition of Nearby Futures Contract
Meaning of Nearby Futures Contract
When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next futures contract is the one that settles just after the nearby futures contract. The contract farthest away in time from settlement is called the most distant futures contract.
Related Entries of Nearby Futures Contract in the Encyclopedia of Law Project
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Nearby Futures Contract in Historical Law
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Legal Abbreviations and Acronyms
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