Dear clients! Today, there is a change of delivery date for FRA40, NED25, SPA35 instrument. Clients who have open positions will be credited or debited with proper swap points amounts.
FRA40 35 swap points for long position; -35 swap points for short position
NED25 70 swap points for long position; -70 swap points for short position
SPA35 7 swap points for long position; -7 swap points for short position
Today, at the end of trading day FRA40, NED25, SPA35 underlying instruments will change their delivery dates. The current difference between prices of futures with consecutive delivery terms is:
FRA40 approx. -3 index points
NED25 approx. -0.70 index points
SPA35 approx. -8 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for FRA40, NED25, SPA35 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.