Does anyone know why Copper Futures /HG gap up today after 3PM PST when market re-open? It was a big gap, if there was no trading during the previous hour reset, why it gap up? Please help me understand this.
Hi Maverick74, I am still new to Future market. So what happened when someone still hold a Short right before that? Can you explain and why the price different? Thank you.
Your broker will not let you hold a physically settled future beyond last notice. You will get an e-mail usually a few days ahead warning you and then a final e-mail the day before warning you that the contract will be liquidated on last notice day.