Problem description:

I looked up the Reuters Financial Dictionary, and its explanation is

Delivery date: For futures contracts, the delivery date refers to the date when the goods must be delivered. If you don't want to make delivery, you must close the futures contract before the delivery date or the last trading day.

Contract month: refers to the month when the futures contract is due for delivery, that is, the month when the contract expires.

My younger brother is stupid, please give an example to illustrate the difference between them. Thank you.

Analysis:

It's simple.

For example, the copper 06 12 contract refers to a physical change of hands (i.e. delivery) contract in 65438+February 2006, and the contract expires in 65438+February.

Delivery date refers to the delivery of physical goods (the ownership of goods changes hands) on a trading day or working day within the delivery month. For copper 06 12 contract, the delivery date is 65438+the specified date in February 2006.