◇ GLOSSARY
Dated futures
A futures contract with a fixed expiry and delivery or cash settlement date. Unlike a perp, carry is priced into the term structure until roll; there is no hourly funding, but you must roll or exit before expiry.
◇ GLOSSARY
A futures contract with a fixed expiry and delivery or cash settlement date. Unlike a perp, carry is priced into the term structure until roll; there is no hourly funding, but you must roll or exit before expiry.