Update to Expiration Rules from 1 August 2020

WTICrude, BrentCrud trades to be closed at contract expiration

Starting 1^st August 2020, a few changes to the Expiration Rules will come into effect.

At market close on expiration day for WTICrude / BrentCrud:

• Open trades will be closed, and any floating profit/loss will be realised;
• Pending orders will be cancelled.

The following trading day, WTICrude / BrentCrud will open with the next month’s futures contract as price reference. You can then manually re-establish any positions.

First expiration event under the new rules: WTICrude on 19^th August 2020.

To avoid having your trades affected, consider closing them before expiration, or trading our non-expiring oil CFDs: WTISpot, BrentSpot.

Expiration Rules may be changed in the future, including the upcoming expiration schedule. Please always refer to our website for up-to-date information.

Should you have any questions, please do not hesitate to contact us.