Free · updated every 5 minutes

The futures market today

Saturday, October 17, 2026. What is moving across the futures markets, why, and what is scheduled next. It is the first panel FP Terminal members open, and it is free to everyone.

FP TERMINAL · MARKET BRIEF11:02 ET · Weekend — Globex reopens Sunday 18:00 ET

Natural gas (NG) is the biggest mover on the board, -3.7% on the day. VIX 19.99 (+3.53).

Leading · on the day
  • CLCrude oil+1.1%
  • LELive cattle+0.5%
  • GCGold+0.3%
  • SISilver+0.3%
Lagging · on the day
  • NGNatural gas−3.7%
  • NQNasdaq-100−2.5%
  • RTYRussell 2000−1.7%
  • ESS&P 500−1.1%
VIX 19.99 (+3.53)VXN 27.13 (+0.00)US 10Y 5.08% (−0.6 bp)DEALER GAMMA NQ amplifying · ES balanced · YM balanced · RTY amplifying
Today's calendar · consensus → actual

No high- or medium-impact releases on today's calendar.

On the wire · single-stock catalysts

No fresh single-stock catalysts on the wire yet today.

Moves are % from the prior close on the front contract, from delayed quotes (about 10 minutes) · updated every 5 minutes · Educational only, not financial advice. Futures carry substantial risk of loss.

This is one panel. Members get the whole terminal: the quote board, the desk wire, dealer-gamma walls and the 3D landscape, $1M+ options prints, the vol surface, the London, New York and Asia editions, and the Discord.

Start your 3-session free trial ↗
HOW TO READ IT

Four terms, in plain English.

Move on the day

The change in the front-month futures contract from the prior session's close, so an overnight move counts even before the cash open. Quotes are delayed about 10 minutes.

Consensus → actual

Economists' median forecast for a release, then the number that printed. The gap between them — the surprise — is what usually moves futures, not the level itself.

Dealer gamma

How options dealers' hedging affects moves in the index futures. Dampening: their hedging leans against moves. Amplifying: their hedging adds to them. It describes the volatility backdrop, never a direction.

VIX and VXN

Implied volatility on the S&P 500 and the Nasdaq-100 — the options market's price for the next 30 days of movement.

FREE · EVERY SUNDAY

The week in markets.

Free every Sunday: the week's biggest futures moves, what printed against consensus, and next week's calendar.

One email a week. Unsubscribe from any issue. General research, not trading advice.

General research and education, not personal advice. Futures involve substantial risk of loss. Market data can be delayed; moves are percentages on the front contract and are not a price feed. Risk disclosure.