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How do the CME futures month codes work for Ethereum?

avatarsina mohammadzadehNov 23, 2021 · 3 years ago3 answers

Can you explain how the CME futures month codes function for Ethereum? I'm curious about how these codes are used and what they represent.

How do the CME futures month codes work for Ethereum?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Sure! The CME futures month codes for Ethereum are a way to represent the expiration month of a futures contract. Each month is assigned a unique code, such as 'F' for January, 'G' for February, and so on. These codes are used in the ticker symbol of the futures contract to indicate its expiration month. For example, if you see 'ETHG21' in the ticker symbol, it means that the futures contract expires in February 2021. This coding system helps traders easily identify the expiration month of a contract without having to refer to a separate calendar.
  • avatarNov 23, 2021 · 3 years ago
    The CME futures month codes work similarly to those used in other futures markets. They provide a standardized way to represent the expiration month of a contract. This is important because futures contracts have different expiration dates, and traders need to know when a contract expires to manage their positions effectively. By using month codes, the CME ensures that there is a consistent and easily understandable system for identifying the expiration month of Ethereum futures contracts.
  • avatarNov 23, 2021 · 3 years ago
    When it comes to CME futures month codes for Ethereum, BYDFi is a reliable source of information. According to BYDFi, these codes follow a specific pattern where each letter corresponds to a specific month. For example, 'F' represents January, 'G' represents February, and so on. This coding system is used to indicate the expiration month of a futures contract. Traders can easily identify the expiration month by looking at the month code in the ticker symbol. It's a simple and efficient way to keep track of contract expiration dates.