May 24, 2017
Dear Clients! Today, there is a change of delivery date for INDIA50, OIL, UKOIL instrument. Clients who have open positions will be credited or debited with proper swap points amounts. These are:
INDIA50 -83 swap points for long position; 83 swap points for short position
OIL, UKOIL -29 swap points for long position; 29 swap points for short position
Today, at the end of trading day INDIA50, OIL, UKOIL underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
OIL, UKOIL approx. 0.26 index points
INDIA50 approx. 8.3 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for INDIA50, OIL, UKOIL 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.