When trading CFD futures it is important to remember that each contract has an expiration date. Once the underlying instrument of a CFD expires it is no longer tradeable.

Unlike other companies who close open trades at expiration, WorldWideMarkets offers our clients non-expiring CFD Futures.  WWM is able to allow customers to maintain open futures positions past a contract’s expiration date via a Future Roll. The Future Roll process will occur at the contract expiration date once the market has closed for the day.  A switch in future contracts occurs from its expired month to the next tradable contract month while simultaneously debiting/crediting trades that were open during this time.

US Oil is a monthly futures contract.  In the example below, a client who is short 50 contracts at expiration will see a debit in their account:

cfdexample

 

The account will be charged due to the price difference between the July and August contracts.

A short position benefits from the lower price of the August contract, which is offset during the future roll with the charge of $97.25

A long position is negatively impacted from the lower price and, in this example, will receive a credit.

In summary, the future roll allows for your position to remain open by offsetting the difference in contract price with a debit or credit.

Natural GasHeating OilUS Light CrudeUSD IndexIndia50China H Shares
monthlymonthlymonthlyquarterlymonthlymonthly
Change dayChange dayChange dayChange dayChange dayChange day
1/26/171/30/171/19/171/25/171/25/17
2/23/172/27/172/20/172/22/172/23/17
3/28/173/30/173/20/173/09/173/29/173/29/17
4/25/174/27/174/19/174/26/174/26/17
5/25/175/30/175/18/175/24/175/25/17
6/27/176/29/176/19/176/15/176/28/176/28/17
7/26/177/27/177/19/177/26/177/27/17
8/28/178/30/178/21/178/30/178/29/17
9/26/179/28/179/19/179/14/179/27/179/27/17
10/26/1710/30/1710/19/1710/25/1710/26/17
11/27/1711/29/1711/16/1711/29/1711/28/17
12/26/1712/28/1712/18/1712/14/1712/27/1712/27/17
1/25/181/30/181/18/18

Note: On AlphaTrader, when a position is rolled to the next month, any attached stops and limits are cancelled

TRADE WITH A LEADING CFD PROVIDER

WORLDWIDEMARKETS IS PROUD TO OFFER RETAIL AND INSTITUTIONAL CLIENTS A WIDE VARIETY OF CFDS. WE ARE TRUSTED AS ONE OF THE WORLD’S LEADING CFD PROVIDERS WITH OVER 20+ YEARS OF CFD TRADING EXPERIENCE.

Trade global equity indices and commodities such as gold, silver, oil, and other popular interest rate securities. Our clients benefit from our premium-level trading platforms, knowledgeable customer services, professional charting packages and more. WorldWideMarkets has established regulatory hubs in both Europe and the Americas. WWM is regulated by the FCA and segregate client funds to ensure the highest level of service.

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