Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Futures Close out??

Reply
Quakedog
Super Contributor
What time is this all over???
0 Kudos
3 REPLIES 3
SimonPB
Valued Contributor
0 Kudos
Q2W
Super Contributor
Don't know if this is a stupid Q, but why was/is the DEC TOP 40 futures 700 points above Sept's Futures?
0 Kudos
SimonPB
Valued Contributor
because it is the future and that always costs more (if for no other reason then the cost of money). As a rule futures contract should be 100 points above topi for every month until close out. So with topi at 27200 futures should be 27500 and yet it is 27800.
0 Kudos