On this page
Contract specifications
- Contract symbol
- QMG9
- Product
- E-mini Crude Oil (QM)
- Exchange
- NYMEX
- Delivery month
- February 2029 (code G)
- Last trading day
- January 22, 2029
- Default rolls on
- January 18, 2029 (4 days before)
- Tick size
- 0.025
- Tick value
- $12.50
- Point value
- $500.00
- Next delivery
- QMH9 (February 20, 2029)
When QMG9 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 QMG9 that falls on January 22, 2029.
Senzoukria stops offering QMG9 as the default contract on January 18, 2029, 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 QMG9 the next listed delivery is QMH9, whose last trading day is February 20, 2029. That is the contract the volume moves into, just as it moved out of QMF9 on December 16, 2028.
What one tick is worth on QMG9
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 QMG9 position and the rows of its footprint come from the same numbers.
Every QM delivery listed in 2029
QM lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). QMG9 is number 2 of 12 in 2029.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| QMF9 | Jan 2029 | Dec 20, 2028 | Dec 16, 2028 |
| QMG9 (this page) | Feb 2029 | Jan 22, 2029 | Jan 18, 2029 |
| QMH9 | Mar 2029 | Feb 20, 2029 | Feb 16, 2029 |
| QMJ9 | Apr 2029 | Mar 20, 2029 | Mar 16, 2029 |
| QMK9 | May 2029 | Apr 20, 2029 | Apr 16, 2029 |
| QMM9 | Jun 2029 | May 22, 2029 | May 18, 2029 |
| QMN9 | Jul 2029 | Jun 20, 2029 | Jun 16, 2029 |
| QMQ9 | Aug 2029 | Jul 20, 2029 | Jul 16, 2029 |
| QMU9 | Sep 2029 | Aug 21, 2029 | Aug 17, 2029 |
| QMV9 | Oct 2029 | Sep 20, 2029 | Sep 16, 2029 |
| QMX9 | Nov 2029 | Oct 22, 2029 | Oct 18, 2029 |
| QMZ9 | Dec 2029 | Nov 20, 2029 | Nov 16, 2029 |
Related pages
- QM futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- QMH9
- QMF9
- QM 2029
- CLG9
In the same section
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Frequently asked questions
- When does QMG9 expire?
- The last trading day of QMG9 is January 22, 2029. 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 QMG9?
- The app switches its default to the next listed month on January 18, 2029, which is QMH9. 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 QMG9 worth?
- One tick of 0.025 is $12.50 per contract, and a full point is $500.00, on a multiplier of 500.