Adjustment on Expiration Date

Holding futures CFD positions, when the old month contract expires, positions will be adjusted through the closing price of the new and old contracts to automatically transfer to the new month contract, instead of being automatically settled on the expiration date.
The adjustment will be made on the expiration date and reflected in the clients trading account. The closing price used is the one of both the old and the new contracts on the trading day before the expiration date.

Adjustment

  • When Holding Long Position
    Adjustment= [–(Bid Price of New Contract –Bid Price of Old Contract) ×Tick Value] × Lot(s)
  • When Holding Short Position
    Adjustment= [+ (Ask Price of New Contract –Ask Price of Old Contract) ×Tick Value] × Lot(s)

Limit Order and Stop-Loss Order of Futures CFD

When the old contract of futures CFD is transferred to the new one, the price change becomes larger, it is possible that the set price of limit order or the Stop-Loss Order will be traded immediately, which is different from the price specified by the client.

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