What is Futures Pack?
A type of futures order enabling purchase of a predefined number of futures contracts in four consecutive delivery months. Read more for examples and further explanation including related video clips and also comments
Example explains Futures Pack
Futures packs are differentiated by using colors to identify each group of contracts. A pack order is divided into white, red, green, blue and gold. A white pack starts with the soonest delivery month and covers the first four quarterly months in the first year. A red pack starts with the fifth quarterly delivery month and covers all quarterly months in year two and so on for the rest of the colors.
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