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 Freight Route TC5 (Platts) Futures (Oct 2020) is Oct 30, 2020.
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 Freight Route TC5 (Platts) Futures (Oct 2020) before Oct 30, 2020.