futures contract month that is closest to expiration. If the current month is
March, the nearby month is likely April for a futures contract that has 12
contracts per year. Also called spot month
or delivery month.
"nearby month." YourDictionary, n.d. Web. 16 October 2018. <http://www.yourdictionary.com/nearby-month>.
nearby month. (n.d.). Retrieved October 16th, 2018, from http://www.yourdictionary.com/nearby-month
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