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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.

 
 Embedded terms in definition
 Away
Contract
Futures contracts
Futures contract
Futures
Most distant futures contract
Nearby
Next futures contract
Settlement date
Settlement
Time
 
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