BROWSE

Back Month Contract

What is 'Back Month Contract'

A type of futures contract that expires in any month past the front month futures contract. The price of the first back month futures contract is often used along with the front month futures price to calculate the calender spread.

Also referred to as a "far month contract".

Explaining 'Back Month Contract'

The liquidity of a back month futures contract will constantly increase as it approaches expiration. Investors that employ an auto-roll strategy will roll over their futures positions once the daily volume of the first back month futures contract exceeds the daily volume of the front month futures contract.


Further Reading


Clustering in the futures market: Evidence from S&P 500 futures contracts
onlinelibrary.wiley.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

Evidence on the effect of bond covenants and management compensation contracts on the choice of accounting techniques: The case of the depreciation switch-backEvidence on the effect of bond covenants and management compensation contracts on the choice of accounting techniques: The case of the depreciation switch-back
www.sciencedirect.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

Hedging effectiveness and futures contract maturity: the case of NYMEX crude oil futuresHedging effectiveness and futures contract maturity: the case of NYMEX crude oil futures
www.tandfonline.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

Off the cliff and back? Credit conditions and international trade during the global financial crisisOff the cliff and back? Credit conditions and international trade during the global financial crisis
www.sciencedirect.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

From Kerala to Dubai and back again: construction migrants and the global economic crisisFrom Kerala to Dubai and back again: construction migrants and the global economic crisis
www.sciencedirect.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

Off the cliff and back? Credit conditions and international trade during the global financial crisisOff the cliff and back? Credit conditions and international trade during the global financial crisis
www.nber.org [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

The economic role of the audit in free and regulated markets: A look back and a look forwardThe economic role of the audit in free and regulated markets: A look back and a look forward
www.sciencedirect.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des

Pricing efficiency of the 3-month KLIBOR futures contracts: an empirical analysisPricing efficiency of the 3-month KLIBOR futures contracts: an empirical analysis
www.tandfonline.com [PDF]
… Bonnie F. Van Ness is an Associate Professor of Finance at the University … Our previous analyses showed a different degree of trade price cluster- ing for front-month contracts and back-month contracts. We further our regression analysis by noting whether the contract is des


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