CFD Expiration Dates – Rollovers

Before your position(s) expire on CFD instruments you are trading, Finexo automatically swaps expiring contracts with new contracts according to the real-time value of the instrument you are trading. This swapping of contracts is known as a “Rollover”.

Rollovers are automatic and allow you to maintain open positions on futures’ contracts around-the-clock.

The Expiration Dates of contracts (when Rollovers occur/ are triggered) depend on the instrument you are trading. Upcoming CFD Expiration Dates are as follows:

The terms and conditions for Expiration Dates/ Rollovers depend on the platform(s) you trade with.

Unless otherwise specified, the underlying instrument (contract) of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument.

• CFDs are rolled over to the next underlying Future Price during the last weekend (before the official expiration day).
  This is known as the Expiration Rollover.
• If there is any substantial price difference between the two Futures, an adjustment will be Credited or Debited from the balance of your account
  This is subject to the open position amount of the expiring CFD.
• This Adjustment will show up in your account under Rollover Charge and will not affect the real value of your Equity. However, you should be aware that the switch between the two Future prices of the underlying CFD might involve a price difference. Therefore, Entry Orders might be filled at Market rates rather then on the predefined rates.

To Avoid Price Adjustments: If you do not want to incur the price adjustment or any implication of the Expiration Rollover, you can close your position(s) and/or cancel Orders before the rollover date and open a new position afterwards.

Finexo, at its best effort, will inform customers about any projected expiration of instruments – please check this page for upcoming expiration dates or Contact Us for details.

The future contract on which a CFD is based has an expiration date, and clients will be able to close their CFD positions until this date. Positions not closed by clients by this date will be closed by Finexo at the last available price.

• Approximately 3-5 days before expiring, a new CFD based on the next future contract will begin trading.

NOTE: During this period, no new positions can be opened in the expiring CFD contract.

For more details on CFD instruments and trading, please visit the CFD Trading Conditions page.