TriPPPle witching tomorrow!
Stock Index March contracts (i.e., the E-mini and Micro S&P, Nasdaq, Dow Jones and Russell 2000.) expire Friday, March15th (8:30 A.M., Central Time). At that point, trading in these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any December futures contracts through 8:30 A.M., Central Time on Friday, Mar. 15th, they will be offset with the cash settlement price, as set by the exchange.
FRONT MONTH IS NOW JUNE , the symbol is M24, example for mini SP is ESM24
Monday, March 18th is Last Trading Day for December currency futures. It is of the utmost importance for currency traders to exit all March futures contracts by Friday, March 15th and to start trading the June futures. Currency futures are DELIVERABLE contracts.
The month code for June is ‘M.’ Please consider carefully how you place orders when changing over.
Plan your trade and trade your plan
Watch video below on how to rollover from March to June contracts if you are a stock index trader on our E-Futures Platform!
Daily Levels for March 15th, 2024
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* This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.