Changes to CL Oil Expiration Dates

   

Please be aware that due to recent updates from our liquidity providers and to avoid the possibility of negative pricing that may occur in the underlying market, we will be rolling our CL Oil contract earlier than the previously advised date.

Expiration Dates

Instrument Rollover Date
Oil Friday, 8 May 2020

Please be advised that due to the pricing difference between old and new futures contracts, this month’s rollover will be larger than previous rollover adjustments.

Please note:

  • The rollover will be automatic, and any existing open positions will remain open.
  • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.
  • To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.
  • Clients should ensure that take profits and stop losses are adjusted before this rollover occurs.

If you have any questions or require further clarity surrounding this month’s Oil rollover adjustment, do not hesitate to contact [email protected].

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