Nearby Futures Contract
Business / Finance / Nearby Futures Contract
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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 (or the 'next out') futures contract is the one t . . . View Full Definition
Next Futures Contract: The contract settling immediately after the nearby futures contract.
Most Distant Futures Contract: When several futures contracts are considered, the contract settling last. Related: Nearby futures contract.
New York Futures Exchange (NYFE): A wholly owned subsidiary of the NYSE that trades futures and futures options on the NYSE composite index.
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