When do you switch contracts for Futures Expiration June 2013 ?
When do Futures Contracts Rollover and Settlement Dates?
Seem to get these questions a lot prior and after expirations– some brokers automatically change the tickers for you but some do not
2013 Futures Rollover Update : They roll over the Thursday before expiration
Futures rollover is Thursday June 13th , 2013 and Settlement is Friday Jun 21st, 2013.
Emini Futures – ESM3 changes to ESU3
Nasdaq Futures – NQM3 changes to NQU3
Dow Mini Futures -YMM3 changes to YMU3
Russell Futures – TFM3 changes to TFU3
Sept 2013 – Futures Rollover is Thursday, September 12th, 2013 and Settlement date is Friday, September 20th, 2013 – tickers change from ESU3 to ESZ3
December 2013 – Futures Rollover is Thursday, December 12th, 2013 and Settlement date is Friday, December 20th, 2013
More Detailed Info on Futures & Rollover in this 2 posts:
Reminder : June 2013 is also Quarterly Expiration for options : known as Quadruple Witching-
more info on that here : http://stockguy22.com/2011/03/18/what-is-quadruple-witching-in-the-stock-market/
When does Quadruple Witching happen? It happens on the third (3rd) Friday of the following months ( March, June, September and December) –
This year that happens on Friday June 21st , 2013 so look for some extra volatility and plenty of stocks pinning at key levels like we’ve seen happen on so many Expiration dates before