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Contract month codes are standardized abbreviations used to identify the expiration months of futures and options contracts. Each code typically consists of a single letter that corresponds to a specific month, with the letters assigned based on a sequence: January (F), February (G), March (H), April (J), May (K), June (M), July (N), August (Q), September (U), October (V), November (X), and December (Z). This system allows for easy recognition and differentiation of contracts based on their expiration dates, facilitating trading and record-keeping. The use of letters instead of full month names helps streamline communication, especially in fast-paced trading environments.

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7mo ago

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It referrs to a phone contract; whether it is £10 a month or £15 a month etc.


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It is better to rent because the lease involves signing a contract saying 'I am going to use this house for (insert time)' while the rent usually goes by month to month and you can leave out on the deal almost anytime.


What is the stock market symbol for Silver futures?

There is none as Silver (a metal) is not a stock from a corporation.Wow. Like most things today that's technically correct, but useless.I believe that what you are after are the futures or options symbols.The symbols are different depending on which commodities exchange you look at. For the current contract, Dec 09, the COMEX ticker is SIZ09.CMX. Each contract has an expiration month, but not all months have a contract. Each month has a letter associated with it, not necessarily related to any of the letters in the name of the month. The letter for Dec is Z, for Jan it is F, Feb is G, May is K and so on. So the ticker for May 2010 silver is SIK10.CMXYou can find quotes here:http:/wwwzperiodzcmegroupzperiodzcom/trading/metals/precious/silverzperiodzhtmlSilver options (options on futures contracts) have similar ticker criteria.


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The general term Price of Oil usually referees to the next month yet-unexpired futures contract for the Light Sweet Crude (West Texas Intermediate) oil. Thus, the equilibrium for such defined Oil Price is established by investor's expectation about supply and demand conditions for the yet-unexpired-next-month future contract. Such expectations about supply-demand conditions for the future contracts are driven both by expectations about fundamental supply-demand conditions of the real physical crude oil markets, as well as speculative so-called momentum plays.

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