How did they come up with the futures month codes

[Pippi436]

like H, M, U, Z

F for January? Doesnt seem to make much sense, apart for Z for Dec and that they are at least in alphabetical order.

 

[Overnight]

like H, M, U, Z

F for January? Doesnt seem to make much sense, apart for Z for Dec and that they are at least in alphabetical order.

I would figure that the letters not being used for the months has something to do with them being used for something else. Like "W" could be mistaken for wheat?

 

[truetype]

http://www.nuclearphynance.com/Show Post.aspx?PostIDKey=144652

... Note the response from Cordura21

 

[Farmas]

Interesting situation

 

[tommcginnis]

Somebody said, "I ain't got nuthin'. Bill? Whatchu got?"
And Bill says, just back from his eye exam, "Uhhhh, H, M, U, Z."

And there writ history......