Hi, I'm new in trading ES. I have 1 March contract short position. How do I rollover to JUNE contract? Thanks a lot for your help. Sara
I'm using IB, does it automatically rollover my current March contract to June? If I don't do anything for my March contract, what will happen on Friday? Thanks.
IB does not roll your ESH9 contract to a ESM9 contract. It settled in cash at 09:30 EDT. Refer to http://www.clearing21.com/trading/prd/equity/settlement.html for the procedure.
Sorry that the link I gave doesn't work. It was working when I posted it, but not now. Instead try http://www.cmegroup.com/trading/equity-index/settlement.html