GC Contract

[BradB]

Does anyone know why the GC contract is already trading 12/11? It appears the August contract was bypassed. Today is 7/28/11.

[NinjaTrader_Matthew]

BradB,

Thank you for your post.

The 08-11 rollover began on 5/31/2011 and has been trading since that time.

The 12-11 contract is set to rollover on 7/31/2011.

These are the Globex contract months as defined by the CME. The active contract months will be February, April, June, August and December. You can review the COMEX Gold Product Calendar from the following link:

http://www.cmegroup.com/trading/metals/precious/gold_product_calendar_futures.html

[BradB]

Matthew, thanks for the response. You say the "active" months are February, April, June, August and December. Why the gap at October? It is listed on the CME link you provided. Just curious...

[NinjaTrader_Matthew]

BradB,

I'm not sure of the details, but these are the spot months as defined by the CME. There is much more volume on the December contract than the October. Exactly why traders started drifting toward the December contract rather than the October is open for discussion. You should be able to find more information on this from the CMEGroup as this is not decided by NinjaTrader.