Support Board
Date/Time: Mon, 13 Jan 2025 09:36:02 +0000
Post From: LMAX XTI - Crude, why is there a difference
| [2017-04-13 14:48:02] |
| AndyL - Posts: 119 |
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This is a question for Lmax support. Its because one is a Futures price and the other a spot price. At the time of expiration of the futures contract in May both prices should be similar. The futures contract has the cost of carry built into its price, while at lmax you pay/are payed the cost of carry on a daily basis, like in FX.
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