When do commodity futures contracts expire
14 Jul 2016 These days, the futures market encompasses more than just commodities. Today, futures contracts are traded based on assets like stock market 2 May 2019 Futures contracts typically trade for hard and soft commodities, but they can be for used for almost any asset type, including cryptocurrencies. Still, the true purpose of a commodity futures contract is to exchange goods for cash at some future date. The expiration date represents the day when that cash-for-physical-goods transaction takes place.