Contract Expiration

Energy trading has a monthly expiration (please see expiration table).
Clients that hold an open position on the ‘Pruton Capital Expiration’ will be closed at our bid/ask price at:
US Crude Oil – 05:00 GMT
Brent Crude Oil – 05:00 GMT
Natural Gas – 05:00 GMT
The only effect of this is the Client will realise any floating profit or loss at the time it is closed.

Example:

Client buy 5 contract @ 70.00.
One day prior to expiration, the expiring month is trading @ 73.00.
The Client’s position is closed @ 73.00 and the profit is credited to the Client’s trading account.
All pending orders that are associated with the expiring contract will be cancelled.
Client will need to re-establish with new position (assuming they wish to) and re-enter pending orders to the new position.

US Crude Oil (NYMEX) Expiration Table 2017

Contract Month Exchange Expiration Pruton Capital Expiration
Jan 20 Dec 19 Dec
Feb 20 Jan 19 Jan
Mar 21 Feb 20Feb
Apr 21 Mar 20 Mar
May 20 Apr 19 Apr
Jun 22 May 19 May
Jul 20 Jun 19 Jun
Aug 20 Jul 19 Jul
Sep 22 Aug 21 Aug
Oct 20 Sep 19 Sep
Nov 20 Oct 19 Oct
Dec 20 Nov 17 Nov

Brent Crude Oil Expiration Table 2017

Contract Month Exchange Expiration Pruton Capital Expiration
Jan 30 Nov 29 Nov
Feb 29 Dec 28 Dec
Mar 31 Jan 30 Jan
Apr 28 Feb 27 Feb
May 31 Mar 30 Mar
Jun 28 Apr 27 Apr
Jul 31 May 30 May
Aug 30 Jun 29 Jun
Sep 31 Jul 28 Jul
Oct 31 Aug 30 Aug
Nov 29 Sep 28 Sep
Dec 31 Oct 30 Oct

Natural Gas Expiration Table 2017

Contract Month Exchange Expiration Pruton Capital Expiration
Jan 28 Dec 27 Dec
Feb 27 Jan 26 Jan
Mar 24 Feb 23 Feb
Apr 29 Mar 28 Mar
May 26 Apr 25 Apr
Jun 26 May 25 May
Jul 28 Jun 27 Jun
Aug 27 Jul 26 Jul
Sep 29 Aug 28 Aug
Oct 27 Sep 26 Sep
Nov 27 Oct 26 Oct
Dec 28 Nov 27 Nov

For more information about complete instruments contract specifications, please visit the contract specifications section.

Pruton Capital is the Trading Name of Pruton Group of Companies.