There's no such things as a stupid question...

Hey Guys. Great Forum. Awesome amount of constructive info here. New To Trading, was wondering how the lettering system for futures months works. ex: H06 is March 06 but please explain why M06 is May ect. It's probably somethign simple I'm overlooking, but I'm missing correlation, and it's pretty frustrating. Thanks in advance!!
- Josh the Newby
 
My understanding is that F (January) was made F for First month. I was told that my first day as a runner many years ago. You go in order after that and try to avoid letters that could be mistaken as numbers on hand written tickets.
 
wow.. thats kinda true:

F - January
G - February
H - March
I - 1
J - April
K - May
L - 1
M - June
N - July
O - 0
P - 6
Q - August
U - September
V - October
W - 3
X - November
Y - 7
Z - December
 
Quote from rarhoads:

My understanding is that F (January) was made F for First month. I was told that my first day as a runner many years ago. You go in order after that and try to avoid letters that could be mistaken as numbers on hand written tickets.


really interesting! did not know that ...
 
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