Today, there is a change of delivery date for OIL. WTI, USOIL instrument. Clients who have open positions will be credited or debited with proper swap points amounts.
– OIL. WTI, USOIL 152 swap points for long position; -152 swap points for short position
Today, at the end of trading day OIL. WTI, USOIL underlying instrument will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
OIL. WTI, USOIL approx. -1,70 USD
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for OIL. WTI, USOIL 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.