The first deliverable month for which a quotation is available on a futures market. For example, 'March is now the spot month on Comex'. As the LME trades in daily dates, it does not have a spot month.
The nearest delivery month on a futures contract.
The current trading month. Also known as the front month in commodity trading.
The futures contract month closest to expiration. Also referred to as nearby delivery month.
The futures contract closest to maturity. The nearby delivery month.
See "Nearby Month."
(Coffee Market) The first tradable month quoted on a futures market.
The nearest trading month which may or may not be the current calendar month. Usually used as the current delivery month for a commodity.
The futures contract that matures and becomes deliverable during the present month. Also called Current Delivery Month.
See Current Delivery Month.
The contract month of a futures contract which is also the current calendar month. Usually used as the current delivery month for a commodity.
The contract month closest to delivery or