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hedge project - updates
Reading futures contract codes Wednesday 3/23/2016 10:08:00 PM GMT+03:00
Futures contracts have specific tickers or codes which carry certain information about contract's specifications. Most of the brokers fully specify the contracts by showing the ticker code, the month code and the year code.

The ticker code in grains would be C for Corn, W for Wheat and S for Soybeans. By putting Z in front of each of these tickers indicates it is electronically traded contract - ZC, ZW and ZS. The next code would be the month of expiration: F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November, Z December. And the number at the end is the year 2016, 2017. Thus ZWK16 contract is an electronic wheat May 2016 contract.

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