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What is a Red Pack as it pertains to futures trading?

by Guest61408  |  earlier

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What is a Red Pack as it pertains to futures trading?

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  1. Futures packs are differentiated by using colors to identify each group of contracts. A pack order is divided into white, red, green, blue and gold. A white pack starts with the soonest delivery month and covers the first four quarterly months in the first year. A red pack starts with the fifth quarterly delivery month and covers all quarterly months in year two and so on for the rest of the colors.

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