30 Day Federal Funds Futures (May 2024)30 Day Federal Funds Futures (May 2024)30 Day Federal Funds Futures (May 2024)

30 Day Federal Funds Futures (May 2024)

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Contract highlights

Volume
Open interest
‪420.77 K‬
Contract size
4167
Month
May 2024
Settlement day
Jun 03, 2024
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions

The nearest expiration date for 30 Day Federal Funds Futures (May 2024) is Jun 3, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell 30 Day Federal Funds Futures (May 2024) before Jun 3, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For 30 Day Federal Funds Futures (May 2024) this number is ‪420.77 K‬. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for 30 Day Federal Funds Futures (May 2024) shows that traders are closing their positions, which means a weakening trend.