Rollover on COCOA, COFFEE, CORN, COTTON, SOYBEAN, SUGAR, VOLX, WHEAT, 7 February 2019

Dear Clients!

UPDATE:

Today, there is a change of delivery date for COCOA, COFFEE, CORN, COTTON, SOYBEAN, SUGAR, VOLX, WHEAT instruments. Clients who have open positions will be credited or debited with proper swap points amounts.

These are:

COCOA -33 points for long position; 33 points for short position
COFFEE -300 points for long position; 300 points for short position
CORN -775 points for long position; 775 points for short position
COTTON -111 points for long position; 111 points for short position
SOYBEAN -1400 points for long position; 1400 points for short position
SUGAR 3 points for long position; -3 points for short position
VOLX -13 points for long position; 13 points for short position
WHEAT -375 points for long position; 375 points for short position
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Today, at the end of the trading day COCOA, COFFEE, CORN, COTTON, SOYBEAN, SUGAR, VOLX, WHEAT underlying instruments will change their delivery dates. The current difference between the prices of futures with consecutive delivery terms is:

COCOA approx. 27 index points
COFFEE approx. 3.05 index points
CORN approx. 8.25 index points
COTTON approx. 1.18 index points
SOYBEAN approx. 14 index points
SUGAR approx. -0.01 USD
VOLX approx. 0.29 index points
WHEAT approx. 3 index points

It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for COCOA, COFFEE, CORN, COTTON, SOYBEAN, SUGAR, VOLX, WHEAT 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.