Dear clients! Today, there is a change of delivery date for BUND10Y, SCHATZ2Y instrument. Clients who have open positions will be credited or debited with proper swap points amounts.
SCHATZ2Y 4 swap points for long position; -4 swap points for short position
BUND10Y 252 swap points for long position; -252 swap points for short position
Today, at the end of trading day BUND10Y, SCHATZ2Y underlying instruments will change their delivery dates. The current difference between prices of futures with consecutive delivery terms is:
BUND10Y approx. -2.51 index points
SCHATZ2Y approx. -0.04 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for BUND10Y, SCHATZ2Y should be higher by given values. Change of position value connected with base change will be corrected by swap points equal to base value.
Clients with limit and stop orders close to current price are kindly requested to adjust their position to changes in base value. Otherwise, stop and limit orders will be executed according to standard procedure.