A few basic futures questions

Discussion in 'Index Futures' started by jthomp5454, Oct 25, 2011.

  1. Hey,

    Somewhat new to futures just had a few basic questions mostly involving the vix:

    1. Do any other futures other than the VIX, crude, and heating oil futures usually trade in a steep contango?
    2. Is there a VIX like future that tracks any other worldwide indexes?
    3. How do the VIX futures calculate their price when they open at 7:00 AM central time which is before the option market opens?

    Thanks for any help you can provide!