Front month, also called 'near' or 'spot' month, refers to the nearest expiration date for a futures contract. Contracts that have later expiration dates than front month contracts are called back month, or 'far month', contracts.
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Front month, also called 'near' or 'spot' month, refers to the nearest expiration date for a futures contract. Contracts that have later expiration dates than front month contracts are called back month, or 'far month', contracts.