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 RBOB Gasoline vs. Euro-bob Oxy NWE Barges (Argus) (350,000 gallons) Futures (Feb 2015) is Mar 3, 2015.
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 RBOB Gasoline vs. Euro-bob Oxy NWE Barges (Argus) (350,000 gallons) Futures (Feb 2015) before Mar 3, 2015.