April 21, 2020
— NGAS -163 swap points for long position; 163 swap points for short position,
— USOIL, WTI -712 swap points for long position; 712 swap points for short position.
Today, at the end of trading day BRENT, UKOIL, NGAS, WTI, USOIL underlying instruments will change their delivery dates. The current difference between prices of futures with consecutive delivery terms is:
— BRENT, UKOIL approx. 4.43 USD,
— NGAS approx. 0.159 USD.
— USOIL, WTI approx. 8.78 USD
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for these instruments should be changed.
Change of position value connected with base change will be corrected by swap points equal to the base value. Clients with limit and stop orders close to current prices are kindly requested to adjust their position to changes in base value. Otherwise, stop and limit orders will be executed according to standard procedure.