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The set of prices of contracts for delivery of a good over a span of time in the future. For example Nymex deals in natural gas futures contracts for 72 months in the future. Each of the 72 contract months end-of-day settlement price forms the forward curve for Nymex gas futures for the day.
- Browse Related Terms: 12-month strip, Arbitrage, Delivery Point(s), Financial transmission right, Forward price curve, Futures market, Henry Hub, Locational marginal price, long, Mark-to-market, Physical basis, Reference price, Short position, Spark spread, Uplift, West Texas Intermediate (WTI)