Question about future contract rollover

[pandyav]

Hi,
Does anyone know how to figure out last trading date of a futures contract?

Eg. right now if you were to load ES chart, it will be ES 09-12. What I want to figure out is the last day to trade the contract.

Also, what happens if I bought 1 contract of ES 09-12 on its last trading date and did not sell it by the end of the day. Does it get converted to ES 12-12 automatically or I need to call my broker to do so?

Thank you for any insight you can provide.

[NinjaTrader_Matthew]

Hello,

You can find the last trade date from the CME Product Calendar:

http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_product_calendar_futures.html

If you have an open position on the 09-12, it will not be converted to the 12-12. You'd need to contact the broker to manage this.

[sledge]

Hi,
Does anyone know how to figure out last trading date of a futures contract?

Eg. right now if you were to load ES chart, it will be ES 09-12. What I want to figure out is the last day to trade the contract.

Also, what happens if I bought 1 contract of ES 09-12 on its last trading date and did not sell it by the end of the day. Does it get converted to ES 12-12 automatically or I need to call my broker to do so?

Thank you for any insight you can provide.

A week before on Thursday is when you should rollover. I usually wait until the weekend, since that is when I restart NT.

If you restart NT, they'll have a popup warning about contract rollover.

There is no converting that I am aware of.

Here are the ES dates:

http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_product_calendar_futures.html

[pandyav]

Hello Sledge,
Thank you for the reply. Can you please explain in a bit detail about how you do the rollover?

I can understand the part that if 09-12 ES contract is expiring next week you'll rollover this Thu.

Thanks again.

[NinjaTrader_Kyle]

Hello pandyav,

Please follow the instructions below to rollover the expiration date of a futures contracts.

• From within the NinjaTrader Control Center window select the menu Tools > Instrument Manager
• Highlight the contract you wish to rollover in the left side of the Instrument Manager window
• Press the ">" button (the instrument will disappear from the list)
• Press the "<" button and the instrument should re-appear with the front month expiration date

http://www.ninjatrader.com/support/helpGuides/nt7/rolling_over_a_futures_contrac.htm

[pandyav]

Thanks Kyle.

In addition to following the steps you mentioned do I need to talk to my broker? I use Mirus Futures.

[NinjaTrader_Kyle]

Hi,

No - it's typically not required that you inform your broker of the roll-over.