Reminder: US Equity Index Futures Rollover is Monday, June 16, 2025: What You Need to Know
I posted this last week, but am doing so again ICYMI.
Futures rollover refers to the process where traders close out positions in the expiring contract and open new ones in the next available contract. This is crucial for traders in U.S. equity index futures, such as the S&P 500 (ES), Nasdaq 100 (NQ), Dow Jones (YM), and Russell 2000 (RTY), as these contracts have set expiration cycles.
U.S. equity index futures follow the quarterly expiration cycle on the third Friday of March, June, September, and December.
Expiration Date (Final Trading Day):
- U.S. equity index futures (S&P 500, Nasdaq 100, Dow, and Russell 2000) expire on the third Friday of the contract month (March, June, September, December).
Rollover Date (Liquidity Shift):
- Traders start rolling their positions on the Monday prior to the third Friday, making it a commonly observed rollover period as well.
An alternative approach is to watch volume and liquidity, as the real shift happens when traders actively transition.
| Contract Month | Market Rollover (Mon before 3rd Fri) | Expiration (3rd Fri) |
|---|---|---|
| June 2025 | June 16, 2025 (Mon) | June 20, 2025 (Fri) |
| September 2025 | September 15, 2025 (Mon) | September 19, 2025 (Fri) |
| December 2025 | December 15, 2025 (Mon) | December 19, 2025 (Fri) |
| March 2026 | March 16, 2026 (Mon) | March 20, 2026 (Fri) |
If you'd like to go straight to the source: This article was written by Eamonn Sheridan at www.forexlive.com.