Exchange-traded derivative contract

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Exchange-traded derivative contracts are standardized derivative contracts (e.g. futures contracts and options) that are transacted on an organized futures exchange. They are standardized and require payment of an initial deposit settled through a clearing house.

These contracts can include futures, call and put. Part of the name of these contracts always reflect on which date the contract expire. For example, a future ABC expiring in September 2006 will be called ABC U06. A call (C) option ABC expiring in September 2006 will be called ABC I06C. A put (P) option ABC expiring in September 2006 will be called ABC U06P.

Months Call Put Futures
Jan. A M F
Feb. B N G
Mar C O H
Apr. D P J
May E Q K
Jun. F R M
Jul. G S N
Aug. H T Q
Sept. I U U
Oct. J V V
Nov. K W X
Dec. L X Z