Last business day of month preceding contract month.
Last Trading Day:
Third last business day of the month.
Open outcry trading is conducted from 8:20 A.M. until 1:30 P.M.
Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day. Sundays, the session begins at 7:00 P.M. All times are New York time.
You probably remember back in high school, watching your teacher solve a complex algebra problem with ease. Although you took notes, trying to complete the homework assignment was a challenge. How did the teacher make something so complex seem so easy? You were both using the same formula, the same methodology, and the same computations. However, while you struggled, she did it with ease and elegance. What was the difference? Continue reading here.