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Why do the month codes of American futures contracts use F for January and G for February?
G stands for February, H for March, J for April, K for May, M for June, N for July, Q for August, U for September, V for October, X for November and Z for December. & lt/p & gt;

The expression & ltp> originated from the British Commodity Exchange and was first used in 1877. At that time, the British Commodity Exchange divided each month into four weeks, which were represented by 1, 2, 3 and 4 respectively. For example, the first week of January is represented by 1, the second week by 2, and so on. Later, this notation was changed to letters to indicate different months, and now it has become an international standard. & lt/p & gt;