AmerClear

Your Desired Partner

 

 

Liquid contracts
What are currently traded on the stock exchange

 

Attention, we recommend trading only the most liquid contracts available on the exchange. And in a timely manner to transfer your positions to the next delivery dates, before the expiration date of the current ones comes up. This is very important because if you enter the delivery of goods and do not intend to do so, we will have to sell your goods on an open exchange spot, the prices of which may differ from futures, both upward and downward.

 

How to find out when a futures expires

To make sure when the current futures contract expires, its last day of trading and expiration, use the calendar of the instrument you are trading:

In the open window, you can see up to what date a particular futures is trading (in this particular example, for oil):

As you can see, the last trading day for the April oil contract is March 20, 2014. All positions by the end of this trading session must be closed on the account.

 

How to find out the current traded contract

To find out the current traded contract, go to the exchange website cme.com and select the instrument traded. The easiest way to do this is if you enter a Google query like `` cl cme.com '' where at the very beginning you simply enter the ticker of the instrument being traded. When the exchange website opens, you will see the current liquidity and contracts being traded.

As a rule, where there is more volume, the main trading on the contract takes place. In this case, you can see that the bulk of the volume is on the March contract, so it is better to trade it:

 

How can I find out the trading time for a contract and the duration of the increased (overnight margin)?

To find out the trading time of a contract, go to the exchange website cme.com and select the instrument you are trading. The easiest way to do this is if you enter a Google query like `` cl cme.com '' where at the very beginning you simply enter the ticker of the instrument being traded. When the exchange website opens, you will see the current liquidity and contracts being traded. Go to the Contract Specs tab.

This is the Chicago time contract. By translating it into your local one, you can find out the trading time of the instrument and when the clearing begins and the increased margin (for example, some instrument is not traded for an hour and the margin increases).

 

Rules for trading futures on expiring contracts

All traded futures have an expiration date, which is indicated in the tooltip for the instrument in the MetaTrader5 terminal, as well as in the expiration table on the exchange website in the "Calendar" section.

Futures expiration rules

Two days before the scheduled expiration (excluding weekends), all trades open on the contract must be closed.

After this point in time, the instrument to be exported is usually set to the "Only close open positions" mode. The Technical Support Service of the Company closes all open positions on the expiration instrument at the latest market prices with the application of a commission for manual closing of deals by the broker. All pending orders are canceled.

As the expiration date approaches, liquidity may decrease and contract volatility increases. In this regard, it is possible that they will find themselves in a situation of significant price gaps. It is necessary to pay special attention to trading positions opened on instruments that are expected to expire in the next 2-3 days, and carefully calculate the risks of transactions. It is not uncommon for a client to lose money on the account due to the fact that he cannot close a deal due to lack of liquidity.

The end date and time of expiration is the date and time specified in the specifications on the exchange website.