Rollover Notice for Stock Index Futures
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Rollover Notice for Stock Index Futures
Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones etc., it is extremely important to remember that we are now rolling over and trading the September contract.
Starting June 8th, the September (U) 2018 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the September 2018 contract as of June 8th. Volume in the June 2018 contracts will begin to drop off until its expiration on Friday June 15th.
The month code for September is U8
Traders with electronic trading software should make sure that defaults reflect the proper contract as of Friday morning.
Please close any open June Currency positions by the close on Friday the 15th.
Good Trading
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
