What is the current van?
Current delivery is a term used to describe where the delivery of a basic commodity related to the futures contract is expected to be delivered or settled with the buyer. This particular type of delivery usually means that the settlement date is scheduled for later in the current month, or may appear at the latest on a particular date in the coming month. Depending on the proximity of the date agreed between the buyer and the seller, the current delivery date may also be referred to as the delivery date, which means that the delivery will be held in a short period of time, not in the long term.
The presence of current delivery in the futures contract is useful for both the buyer and the sellers. The buyer knows exactly when the final date for payment for the offer is expected and when it can take over the full possession of the commodity. For the seller, it allows current delivery to know when the payment will be received, when it will be necessary to prepare for the release of the commodity to the buyer. Knowledge of this dThe ATU is particularly important if the terms of the contract require that the seller agrees that the commodity sends to any place required by the buyer because it provides the seller the time to carry out these measures and ensure delivery is in time.
There are also futures contracts that are structured with a range of settlement data and effectively create an agreement on the delivery of a part of the commodity identified in the contract in the contract or before each of the data identified. In the case of the current delivery, it usually refers to the next delivery date in the sequence that has not yet been resolved. For example, if one of these data has been settled last week, it no longer has the status of current delivery; The next date in the sequence is now identified by the term.
It is important to realize that while the current delivery provides a specific date for the next part of the futures contract to be completed, it does not have toThis necessarily mean that no steps can take place until this date. Depending on the terms of the Terms and Conditions, it may be possible to solve a specific delivery to the date before this current delivery. Whether it is actually in the best interest of parties associated with the contract will depend a lot on the current market conditions and what type of guarantees is built into the text of the contract to allow early settlement.