Rollover on BUND10Y, SCHATZ2Y 4 December 2018

Dear clients!


Yesterday, there was a change of delivery date for BUND10Y, SCHATZ2Y instruments. Clients who have open positions will be credited or debited with proper swap points amounts.

These are:

BUND10Y -87 points for long position; 87 points for short position

SCHATZ2Y 10 points for long position; -10 points for short position


Today, at the end of the trading day BUND10Y, SCHATZ2Y underlying instruments will change their delivery dates. The current difference between the prices of futures with consecutive delivery terms is:

BUND10Y approx. 0.88 index points
SCHATZ2Y approx. -0.12 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.