Reply to thread

Ok, your futures contract will close out only when it expires, if you haven't closed it out yourself. It depends which contract you are trading. They all have different dates they close out. I.e May Delivery Coffee Robusta closes out on the 30th of April for dealing. Which leads us to your second question. This all depends on your Broker. If your broker allows delivery, then if you dont close out the trade, you will get delivered what you bought. You need to buy out the remainder of the contract obviously. If you are using a CFD provider, or most smaller futures brokers, you will just get the contract rolled over, which also means a new contract, ie different code and different date for delivery.

The last question is more about how data works. Data is stored on a server. The server will be either the platform provider (ie your broker) or it will be the platform creator. Once again, something to address to the broker. To cut the story short, the client (your end of the program) is what sends the data to the server (the brokers end). If your end crashes, theirs is unaffected. For more detail, i suggest wikipedia. But in short, your limit order will get executed.