Futures contracts have an expiry date. For this reason, each instrument is listed in several contract months, and you trade one contract month at a time.
What is a rollover?
Near the expiry of a contract, the trading volume moves to the next contract month. This move is called the rollover. To keep trading that instrument, you need to select the next contract month in your platform.
Things to remember
All positions close automatically at 4:45 PM ET, Monday to Friday. You cannot hold a position overnight or over the weekend, so you do not hold a contract into its expiry.
Your contract limit is the same for any contract month. 1 mini counts as 10 micros.
Only the allowed CME instruments can be traded. Read Instruments and contract limits.
Frequently asked questions
The contract I want is not available
Select the next contract month in your platform. If it is still not available, contact Support with the instrument, the contract month and your platform.
My order was rejected
The most common causes are that the contract limit is reached or that the instrument is not allowed. Read Instruments and contract limits.