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How to determine the closing date of futures contract trading?
In a futures contract, the specified date on which both parties must trade in the future is called settlement date or delivery date. Every futures contract has a certain month limit. On a certain day in the contract month, the trading of the contract will be stopped and the physical delivery will be prepared. This date is different for different futures on different exchanges. To know the expiration date of a futures contract, the most convenient thing is to check the futures expiration calendar in the UK.

The following details:

International commodity futures such as Chicago Board of Trade stipulates that the last trading day of corn, soybean, soybean meal, soybean oil and wheat futures is the seventh trading day from the last trading day of the delivery month.

For domestic commodity futures, the year and month are displayed in the commodity code, such as soybean oil contract 1005, that is, May 10 is the delivery month; The last trading day is the delivery month of the contract, that is, 15 in May. However, because individual households are not allowed to enter the delivery month, they will close their positions on the last trading day of April.

Based on the seasonal characteristics of soybean oil consumption, production and import and the arbitrage relationship with soybean oil and soybean meal, the domestic soybean oil delivery months are 1, 3, 5, 7, 8, 9, 1 1 and 65438+February. Consistent with the delivery month of soybean meal futures contract, compared with CBOT soybean oil contract, the soybean oil contract of Dashang Company is less 10, and more 1 10, which is beneficial to cross-variety and cross-market transactions.

Generally speaking, different futures are different in different exchanges, so it is best to use professional futures expiration calendar tools.