DislikedI am sorry if I am OT, but perhaps someone of you can help me, with a simple explanation. I am trading future on Uk 100 since some time and at the moment of expiry the futures always were in backwardation (new contract lower than old one). This happens for all indices because some stocks in the new quarter detache dividend and the value of index goes down and this reflects on future. But now, in the roll over september-december 2022, it is in contango, new contract higher. I don't understand. Even if no stock detaches dividends in the new quarter,...Ignored
Your question is rather outside the main scope of this thread and for reasons of focus I don't really want to digress into the technicalities of futures pricing here. You'd do better taking that question to a more specialised thread on the topic.