Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF) - UNIT 1: Principles of financial trading
Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF) - UNIT 2: Principles of Financial Planning and Cash Flow in Financial Trading
Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF) - UNIT 3: Understanding financial trading techniques

DELIVERY MONTHS FOR FUTURES

The contract trading months for FX futures are on the same quarterly cycle as other financial instruments. This being March (H), June (M), September (U), December (Z). They are called delivery months because the seller of the contract must be prepared to deliver the specified amount of foreign currency to the buyer if the seller has not cancelled the obligation with an offsetting purchase. The majority of market participants close out their positions before delivery.

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