Today, at the end of trading day
COFFEE, COTTON, JP225, SUGAR, VIX
and VSTOXX underlying instruments will change
their delivery dates. Current difference between prices
of futures with consecutive delivery terms
is:
- VSTOXX approx. 1.00 index
points
- VIX approx. 1.80 index
points
- COFFEE approx. -2.15
USD
- COTTON approx. 2.26
USD
- SUGAR approx. 0.38
USD
- JP225 approx. -20
index
points
It means that if nothing occurs
between today's closing and tomorrow’s opening, open
price for:
- COTTON, SUGAR, VIX, VSTOXX should be higher by given
values
- COFFEE, JP225 should be lower by given
values
Change of position value connected
with base change will be corrected by swap points equal
to base value. Clients with limit and stop orders close
to current price are kindly requested to adjust their
position to changes in base value. Otherwise stop and
limit orders will be executed according to standard
procedure.
This information applies to the
above-mentioned instruments available in all offers on
the xStation platform. Please note that the names of the
instruments in individual offers may be slightly
different.
A detailed list of all instrument
names is available in MARGIN
TABLE.
Important:
It is crucial to
remember that after calculating the swap points (which are
the result of the base between two series of contracts of
underlying instrument), the value of the registers of
Customer's account will change. With a very large base, it
may happen that the required MARGIN LEVEL is exceeded. In
such a case automatic closure of the position will start,
starting with the position that generates the lowest
financial result and will continue until the moment when the
required MARGIN LEVEL is achieved. Customers should also
adjust their active pending orders. If the order activation
price set by the client is within the gap related to
rollover, the order will be executed at the opening price of
the instrument. To avoid this situation PENDING ORDERS must
be removed before the end of the trading session of the
instrument on the rollover
day.
XTB
