when in the month does Future actually mature?

Hi Everyone,

I was just wondering, when in the month given for maturity does the future generally matures.

  • beginning of the month (ie the first)

  • end of the month

  • or is there a specific date, like a convention (for instance: third thursday of the month, (jus a random example to illustrate)


depends on the product but it’s typically the end of the 3rd week of the month.

Most of the expiration on the US Futures is the third FRIDAY of the month. For some commodities its the third Wednesday.

Thanks. it was in relation to a question asking to value a future on the 1of nov. The contract was for november, so in this case there is still about 3 weeks to maturity.

Thanks again