BZM8 expiry: April 28, 2028

When BZM8 stops trading

Trading terminates the last business day of the second month preceding the contract month. For BZM8 that falls on April 28, 2028.

Senzoukria stops offering BZM8 as the default contract on April 24, 2028, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.

When the volume actually leaves

Energy contracts expire monthly, so the roll is a routine of every month rather than every quarter. Volume leaves the expiring month several sessions before its last trading day, and the spread between the two months widens as it does.

For BZM8 the next listed delivery is BZN8, whose last trading day is May 31, 2028. That is the contract the volume moves into, just as it moved out of BZK8 on March 27, 2028.

What one tick is worth on BZM8

The minimum price fluctuation is 0.01, which is $10.00 per contract on a multiplier of 1000. A full point is therefore $1,000.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.01 sets how finely the bid and ask volume of BZ can be read.

These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a BZM8 position and the rows of its footprint come from the same numbers.

Every BZ delivery listed in 2028

BZ lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). BZM8 is number 6 of 12 in 2028.