WTICrude, BrentCrud trades to be closed at contract expirationStarting 1st 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 19th 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.