CFD Expiration Dates

EXPIRATION OF A CFD ON THE METATRADER PLATFORM

On the MetaTrader platform, each CFD instrument has an expiration date.

 

The Expiration Dates of contracts depend on the instrument you are trading.

 

  • All positions that are open on their expiration date are rolled over automatically to the next contract.
  • In this case these account values will be adjusted in order to reflect the price differential between CFD contracts.

The expiration of a current CFD instrument and its rollover will take place on the dates as shown in the table below.

Platform Name Roll Over Date Actual Expiration Date
BTCFutures 28/3 29/3
Platinum 22/3 26/04 (20/3)
China50 22/3 28/3
BrentOil 22/3 29/3
India50 22/3 28/3
MSCITaiwan 22/3 28/3
HongKong45 22/3 28/3
NaturalGas 22/3 27/3
Sydney200 15/3 21/3
VIXX 15/3 19/3
Oil 15/3 20/3
DollarIndex 8/3 18/3(8/3)
Gilt10Y 22-Feb 27/3 (22/2)
Palladium 22-Feb 27/03 (20/02)
US30Bond 22-Feb 20/03 (22/02)
US10YNote 22-Feb 20/03 (22/02)
Copper 22-Feb 27/03 (25/02)
Coffee 08-Feb 19/03 (08/02)

*Please note that the expiring CFDs will be rolled-over to a new contract with a different price according to the schedule above on the MT4 platform. Customers holding positions open at 21:00 GMT on the rollover date will be adjusted for the difference in price between the expiring contract and the new contract through a swap charge or credit which will be processed at 21:00 GMT on their balance. If the new contract trades at a higher price than the expiring contract, long positions (buy) will be charged negative rollover adjustment and short positions (sell) will be charged positive rollover adjustment. If the new contract trades at a lower price than the expiring contract, long positions (buy) will be charged positive rollover adjustment and short positions (sell) will be charged negative rollover adjustment. To avoid any liquidation, customers are advised to maintain sufficient equity available in their account to absorb any negative adjustment at 21:00 GMT on the rollover date. Any existing pending order(s) (i.e. Stop Loss, Take Profit, Entry Stop or Entry Limit) placed on an instrument will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract. As slippage will incur, customers are advised to review their orders, taking into considerations the new contract rate. Customers can avoid CFD rollover by closing their open position before the rollover date.

 

 

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