Hint mode is switched on Switch off


Category — Derivatives

Expiration refers to the maturity date of forward contracts (futures and options) and discharge of obligations thereunder.

For a delivery futures contract, the underlying asset shall be delivered on the expiration day, and for a cash-settled futures contract, mutual settlements between counterparties shall take place.

Expiration for options means the last date on which the option holder can demand the exercise of this option in accordance with the terms of the contract.

Exchange-traded derivatives usually have their expiration calendar. Calendars are determined in advance as a matter of convenience for traders.

Before the expiration of derivative contracts, strong price movements may occur. This is due to both speculative trading and the transfer of funds of market participants to the derivative contract with the next expiration date. Consequently, volatility may increase significantly. At the same time, as the expiration date approaches, the difference between the price of the derivative contract and the price of the underlying asset decreases, and the spread tends to zero.

Terms from the same category

explore the most comprehensive database

800 000

bonds globally

Over 400

pricing sources

80 000


9 000


track your portfolio in the most efficient way
Bond Search
Excel ADD-IN

— Are you looking for the complete & verified bond data?

— We have everything you need:

full data on over 700 000 bonds, stocks & ETFs; powerful bond screener; over 350 pricing sources among stock exchanges & OTC market; ratings & financial reports; user-friendly interface; available anywhere via Website, Excel Add-in and Mobile app.



You will have detailed descriptive & pricing data for 650K bonds, 76K stocks, 8K ETFs
Get full access to the platform from any device & via Cbonds app
Enhance your portfolio management with Cbonds Excel Add-in
Build yield maps, make chart comparison within a click
Don't wait any longer — start using Cbonds today! Register
Registration is required to get access.