释义 |
Rolling of Futures Rolling of FuturesAs financial futures have short-term maturities, often 3-9 months, before or at maturity, the future must be sold and a new future (for the same asset but with a new maturity) must be repurchased.Rolling of FuturesThe sale of one futures position before its maturity and the purchase of another with identical terms but a longer maturity. Rolling of futures may occur if one does not wish to accept delivery of the underlying asset and/or if maintaining the futures position remains important to one's investment strategy. |