February 1, 2018
Dear Clients! Today, there is a change of delivery date for COCOA, VOLX instruments. Clients who have open positions will be credited or debited with proper swap points amounts. These are:
COCOA -23 swap points for long position; 23 swap points for short position
VOLX -15 swap points for long position; 15 swap points for short position
Today, at the end of trading day COCOA, VOLX underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
VOLX approx. 0.31 index points
COCOA approx. 22 index points
It means that if nothing occurs between today’s closing and tomorrow’s opening, open price for COCOA, VOLX 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.