Trading On Rollover Day
Thursday June 7th is official Rollover Day for the Emini Futures. Emini Futures including the S&P 500 (ES) Dow (YM) Nasdaq (NQ) and others expire on the third Friday of March (H), June (M), September (U) and December (Z). Rollover days are 8 days before expiration on the second Thursday of each of these months. These months have the letter designations H, M, U, and Z. In our Live Emini Trading Room and in our own trading, we do not switch contracts until volume in the new contract exceeds volume in the expiring contract. Depending on your platform you will usually have to change the symbol on both your chart and on your execution dom. Before placing any trades insure that the price on your chart matches the price on your dom tick for tick. As we are moving into the September contract, the correct symbol for our platform dtPro will be ESU2. If you are using a platform that offers continuous charts, you will be rolled over automatically on your chart but not necessarily on your dom so double check to be safe.
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