@TraderDunn When trading futures, what happens on the settlement date of the contract? Are you then required to act upon the contract you are holding? So if you bought 1contract for the Emini S&P future, would you be required to buy the entire value of the contract?
This may answer your question. Look under physical delivery. http://www.investopedia.com/exam-guide/cfa-level-1/derivatives/forward-markets-contracts-settlement-procedures.asp
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