When trading crude oil futures, crude oil futures contracts can often be divided into two types: monthly crude oil contracts and continuous crude oil contracts. What's the difference between these two types? Let's get to know each other.

Difference between monthly crude oil contract and continuous crude oil contract

The main difference between monthly crude oil contracts and continuous contracts is whether investors can continue to hold them after the specified trading time. Under normal circumstances, the monthly contract means that the goods in the account will be automatically closed at the specified time and can no longer be held. Continuous contracts can be held after time, only after they are sold, and investors buy them back, that is, after a transaction is completed.

The above is an introduction to the difference between monthly crude oil contracts and continuous crude oil contracts, hoping to help. It is worth noting that futures trading needs to pay a spread fee and handling fee every trading cycle, so continuous contracts often need to occupy more funds of investors.