Futures contracts are daily settled. So the difference between starting price an... | Hacker News

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pbhowmic on April 20, 2020 | parent | context | favorite | on: Oil plunges below zero for first time with May con...

Futures contracts are daily settled. So the difference between starting price and ending price has to be paid at end-of-day settlement.

selectodude on April 20, 2020 [–]

https://finance.yahoo.com/quote/CL=F?p=CL=F

Prices didn't crash until this morning. Nobody was taking much of a loss before then.

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