Futures contracts & Assets Expiration
Traders can enter into futures contracts, which are agreements for the purchase or sale of assets within a specified timeframe. The majority of futures contracts expire within 30 – 90 days.
- The trading price on Contracts for Difference (CFDs), based on futures contracts is always changing during trading hours. Trading prices are dependent upon market factors.
- Automatic Future Rolling is available for clients who wish to keep their trades open from the ‘’current’’ contract to the ‘’new’’ contract during the Future contract expiration date.
- Automatic Future Rolling can be avoided by closing any open trade on Futures before 17:00 GMT on its relevant expiration date.
- A fee of 25% of the new contract spread will be charged for every single trade that will be automatically extended to the new contract.
- Price adjustment due to the difference between current and new contract price will be applied in the form of credit or debit to any trade subject to the automatic future rolling.
- Trading hours may vary according to market liquidity, or holidays.
- Any open trades on Futures will be rolled over to the new contract at 17:00 GMT on the date of the expiration.
- All existing pending orders such as Stop-loss, Take-profit and Limit orders placed on a Future instrument will be adjusted symmetrically to reflect the price difference between the expiring and the new contract on expiration date at 17:00 GMT.
- Trades on Cryptocurrencies expire in 30 calendar days from the opening day.Therefore any open trade on cryptocurrencies will automatically close in 30 days at the end of the trading day.
- Please find more info regarding the Automatic Future Rolling in our Terms & Conditions.