June 13, 2017
Dear Clients! Today, there is a change of delivery date for BRAComp, OIL WTI, USOIL, W20 instruments. Clients who have open positions will be credited or debited with proper swap points amounts. These are:
BRAComp -930 swap points for long position; 930 swap points for short position
OIL WTI, USOIL -21 swap points for long position; 21 swap points for short position
W20 150 swap points for long position; -150 swap points for short position
Today, at the end of trading day BRAComp, OIL WTI, USOIL, W20 underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
BRAComp approx. 676 index points
OIL WTI, USOIL approx. 0.24 index points
W20 approx. -22 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for BRAComp, OIL WTI, USOIL, W20 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.