Expiration Month

Expiration Month

The month a futures or options contract expires. It’s also the month in which the terms of the contract are fulfilled if the buyer decides to take delivery.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.