Such as palm 1 1kloc-0/ (palm oil11year1month contract),
Last trading day: the 10 trading day of the contract month;
The last delivery date is: the second trading day after the last trading day.
That is to say, June 10, 20 1 1 is the last trading day of Palm11,after which the contract will stop trading; After the transaction is stopped, the delivery shall be completed on the second trading day of the last trading day at the latest.
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But the last trading day is generally only one day, but the delivery date is a period of time, such as corn 1009.
Last trading day: the penultimate trading day of the contract delivery month;
Delivery date: from the first trading day to the penultimate trading day in the delivery month of the contract.
The last trading day of corn 1009 is the penultimate trading day in September, 20 10. After that, the contract is no longer traded.
However, the delivery date starts from September 1, 20 10 to the penultimate trading day.
As we are not sure whether there will be a holiday on September 30th, we are not sure when the 5th and 7th trading days will bottom out.