Symbology

Futures symbology is the naming convention that futures symbols use. Traditionally, there are two parts:

  • Symbol Root The Symbol Root is generally a few characters at the start that identify the type of futures contract you're trading. This is sometimes called a Futures Stem or Contract Code, and sometimes can vary across platforms. Some examples are GC for Gold futures, ES for E-Mini S&P 500 futures, and CL for Crude Oil futures. SeeAvailable Products for a full list.

  • Contract Expiration The Contract Expiration shows when the future will expire. Traditionally the Month will be represented by a single letter:

    • January - F

    • February - G

    • March - H

    • April - J

    • May - K

    • June - M

    • July - N

    • August - Q

    • September - U

    • October - V

    • November - X

    • December - Z

    Followed by the expiration year as a single digit, e.g. 4 to represent 2024.

So as an example, for the E-Mini S&P 500 future (ES) expiring in December (Z) 2024 (4), the full symbol is ESZ4.

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