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Futures Roll

ROLL SCHEDULES

Horizons Natural Gas Rolling Futures Index (HNU, HND)

Business Day1st – 3rd4th5th6th7th
Primary Contract100%75%50%25%0%
Secondary Contract0%25%50%75%100%

The futures roll from the front month futures to the next month futures every month of any given year.

Solactive Gold Front Month MD Rolling Futures Index ER (HBU, HBD, HUG)
Solactive Silver Front Month MD Rollding Futures Index ER (HZU, HZD, HUZ)

Business Day8th Last7th Last6th Last5th Last4th Last
Primary Contract100%75%50%25%0%
Secondary Contract0%25%50%75%100%

The HBU, HBD and HUG futures roll from the front month futures to the third month futures in January, March, May and November. HBU, HBD and HUG futures roll from the front month futures to the fourth month futures in July of any given year.

The HZU, HZD and HUZ futures roll from the front month futures to the third month futures in February, April and June. HZU, HZD and HUZ futures roll from the front month futures to the fourth month futures in August and November of any given year.

INDEX METHODOLOGIES

FUTURES CURVES

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