Rollover on BUND10Y and SCHATZ2Y, 2 june 2016
Dear Clients! Today, there is a change of delivery date for BUND10Y, SCHATZ2Y instrument. Clients who have open positions will be credited or debited with proper swap points amounts. These are:
BUND10Y 100 swap points for long position; -100 swap points for short position.
SCHATZ2Y 5 swap points for long position; -5 swap points for short position.
Dear Clients! Today, at the end of trading day BUND10Y and SCHATZ2Y underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
BUND10Y approx. -1,02 index points
SCHATZ2Y approx. -0,05 index point
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for BUND10Y and 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.