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Close out existing position and open new position in next liquid contract.
You will have to instruct your desk to do this. Do not worry so much about
commissions - They are a function of doing business.
De Vries, Trevor wrote:
> R'Ters
>
> Can someone please explain to me how you 'rollover' your futures contract:
>
> ie. I am long Sugar which for example expires in 3 days.
> Do i have to close this out and then buy the next months contract, thereby
> incurring the additional commisions ? or is there another way.
>
> Regards
>
> Trevor De Vries
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