Today, at the end of the trading day FRA40, CAC40, NED25, SPA35 underlying instruments will change their delivery dates. The current difference between the prices of futures with consecutive delivery terms is:
— FRA40, CAC40 approx. -65,5 index points
— NED25 approx. -0,90 index points
— SPA35 approx. -41 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for FRA40, CAC40, NED25, SPA35 should be higher by given values. Change of position value connected with base change will be corrected by swap points equal to the 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.