Rollover on BUND10Y, SCHATZ2Y, JAP225, JPN225 5 December 2017
Dear Clients! Today, there is a change of delivery date for HKComp, HKO43, CHNComp, NATGAS, NGAS, OIL, UKOIL, TNOTE instruments. Clients who have open positions will be credited or debited with proper swap points amounts. These are:
JAP225, JPN225 50 swap points for long position; -50 swap points for short position
SCHATZ2Y 15 swap points for long position; -15 swap points for short position
BUND10Y 32 swap points for long position; -32 swap points for short position
Today, at the end of trading day BUND10Y, SCHATZ2Y, JAP225, JPN225 underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
SCHATZ2Y approx. -0.13 index points
BUND10Y approx. -0.30 index points
JAP225, JPN225 approx. -40 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for BUND10Y, SCHATZ2Y, JAP225, JPN225 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.