You can cancel it or offset your position any time you would like before expiration of the contract. (cannontrading.com)
«Uche will link up with his new teammates upon expiration of his contract with Cambridge United on July 1st,» a statement read. (nigeriasoccernet.com)
Futures contracts are priced to include the storage costs, so according to the theory of storage equation, one is indifferent between buying an oil futures contract or buying physical oil and storing it until the time of expiration of the contract. (indexologyblog.com)