A futures curve is in contango when later expiries trade above nearer ones, and in backwardation when they trade below.
Quantitative Finance · Glosario
¿Qué es Contango and backwardation?
También llamado: contango · backwardation
Quantitative Finance · Glosario
También llamado: contango · backwardation
A futures curve is in contango when later expiries trade above nearer ones, and in backwardation when they trade below.