LAST TRADING DAY
\lˈast tɹˈe͡ɪdɪŋ dˈe͡ɪ], \lˈast tɹˈeɪdɪŋ dˈeɪ], \l_ˈa_s_t t_ɹ_ˈeɪ_d_ɪ_ŋ d_ˈeɪ]\
Sort: Oldest first
-
Trading for a particular delivery month ends on this final day under the rules of a futures exchange. At the end of this last trading day, making or taking delivery of the physical commodity, cash, or a financial instrument is required to settle a futures contract not offset or traded out.
By Henry Campbell Black
