On this page
Contract specifications
- Contract symbol
- QMG0
- Product
- E-mini Crude Oil (QM)
- Exchange
- NYMEX
- Delivery month
- February 2030 (code G)
- Last trading day
- January 22, 2030
- Default rolls on
- January 18, 2030 (4 days before)
- Tick size
- 0.025
- Tick value
- $12.50
- Point value
- $500.00
- Next delivery
- QMH0 (February 20, 2030)
When QMG0 stops trading
Trading terminates 3 business days prior to the 25th calendar day of the month prior to the contract month. If the 25th is not a business day, trading terminates 3 business days prior to the last business day preceding the 25th. For QMG0 that falls on January 22, 2030.
Senzoukria stops offering QMG0 as the default contract on January 18, 2030, 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 QMG0 the next listed delivery is QMH0, whose last trading day is February 20, 2030. That is the contract the volume moves into, just as it moved out of QMF0 on December 16, 2029.
What one tick is worth on QMG0
The minimum price fluctuation is 0.025, which is $12.50 per contract on a multiplier of 500. A full point is therefore $500.00. 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 0.025 sets how finely the bid and ask volume of QM 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 QMG0 position and the rows of its footprint come from the same numbers.
Every QM delivery listed in 2030
QM lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). QMG0 is number 2 of 12 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| QMF0 | Jan 2030 | Dec 20, 2029 | Dec 16, 2029 |
| QMG0 (this page) | Feb 2030 | Jan 22, 2030 | Jan 18, 2030 |
| QMH0 | Mar 2030 | Feb 20, 2030 | Feb 16, 2030 |
| QMJ0 | Apr 2030 | Mar 20, 2030 | Mar 16, 2030 |
| QMK0 | May 2030 | Apr 22, 2030 | Apr 18, 2030 |
| QMM0 | Jun 2030 | May 21, 2030 | May 17, 2030 |
| QMN0 | Jul 2030 | Jun 20, 2030 | Jun 16, 2030 |
| QMQ0 | Aug 2030 | Jul 22, 2030 | Jul 18, 2030 |
| QMU0 | Sep 2030 | Aug 20, 2030 | Aug 16, 2030 |
| QMV0 | Oct 2030 | Sep 20, 2030 | Sep 16, 2030 |
| QMX0 | Nov 2030 | Oct 22, 2030 | Oct 18, 2030 |
| QMZ0 | Dec 2030 | Nov 20, 2030 | Nov 16, 2030 |
Related pages
- QM futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- QMH0
- QMF0
- QM 2030
- CLG0
In the same section
This page in other languages
Frequently asked questions
- When does QMG0 expire?
- The last trading day of QMG0 is January 22, 2030. Trading terminates 3 business days prior to the 25th calendar day of the month prior to the contract month. If the 25th is not a business day, trading terminates 3 business days prior to the last business day preceding the 25th.
- When should I roll out of QMG0?
- The app switches its default to the next listed month on January 18, 2030, which is QMH0. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of QMG0 worth?
- One tick of 0.025 is $12.50 per contract, and a full point is $500.00, on a multiplier of 500.