Common use of CFD Expiration Rollover Clause in Contracts

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument 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. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”).

CFD Expiration Rollover. (a) 5.6.1. Unless otherwise specified, the underlying instrument 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. Instead, CFDs are rolled over to the next underlying future price Future Price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futuresFutures, an adjustment will be credited Credited or debited Debited from the balance of your Account account (subject to the open position amount of the expiring CFD) (“Adjustment”).