How can I identify when my contract expires?
Typically, derivative contracts which expire in the current month of trading are called ‘Near’ month contracts, those which expire next month are called ‘Next’ month contracts and those which expire the month after next are called ‘Far’ month contracts.
Also, the expiry of contracts is included in the scrip name in an abbreviated form. For instance, NSE:NIFTY19NOV11500PE here, November 2019 is the expiry of the contract along with the underlying and strike price.
What happens when my contract expires?
When the contract expires, all the outstanding positions in the derivative contract are closed and profit/losses are settled in cash. This is for cash-settled contracts. For physically settled contracts, FYERS policies on physical settlements will be ...
What is a futures contract?
A futures contract is an agreement between two parties to buy or sell an asset (Stocks, Indices, Currencies or Commodities) at a certain time in the future for a certain price. To make trading possible, the exchange specifies certain standardized ...
What is a Contract Note (ECN)?
Contract Note is a confirmation of trades done on a particular day on behalf of the client by a trading member (stockbroker). It imposes a legally enforceable relationship between the client and the trading member with respect to purchase/sale and ...
How to roll over a contract during physical settlement?
Rollover is nothing but switching the near-month expiry contract with the next month's expiry contracts on the expiry day. In simple words, It means to exit from the near month expiry contract and take a new position in next month's expiry contract. ...
Why did I not get the contract note?
Contract notes are processed and sent to your registered email address within 24 hours after market closing. The Exchange/s share trade files and applicable charges of all the clients at the end of each trading day. Sometimes, these files are ...