Expiration Dates Futures options usually expire near the end of the month that precedes the delivery month of the underlying futures contract (i.e. March option expires in February) and very often, it is on a Friday. Strike Price This is the price at ...
FIFO (First In, First Out) The FIFO algorithm uses price and time as the only criteria for filling an order. In this algorithm, all orders at the same price level are filled according to time priority; the first order at a price level is the first ...
Futures Offset Method (Platform vs. Statement)
Futures Offset Method (Platform vs. Statement) Due to different offset methodologies used by the platform and the daily statements, the open position showing on your platform could differ from what shows on your statement. Platform Method First ...
Stop Loss and Stop Limit Orders
Stop Market Orders Stop market orders are placed at a specific price, and if the market price reaches the order price, the order should be triggered and executed as a market order. Market orders are filled at the best available price, which may not ...
Why was my Limit order not filled?
For most products, Futures contracts are filled using a FIFO (First in, First out) method. If the market traded at the price where you placed a Limit Order, but there were not enough contracts filled to reach your order, it may not be filled. ...
Can I reduce my exchange fees?
Exchange fees can be reduced by purchasing or leasing an exchange membership, or taking part in an exchange incentive program. Contact your Broker today to get a consultation on Membership pricing to decide if a membership is worth it for you!