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CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. Please seek independent advice if necessary.
Changes to CL Oil Expiration Dates
April 30, 2020
Please be aware that due to recent updates from our liquidity providers and to avoid the possibility of negative pricing that may occur in the underlying market, we will be rolling our CL Oil contract earlier than the previously advised date.
Expiration Dates
| Instrument | Rollover Date |
| Oil | Friday, 8 May 2020 |
Please be advised that due to the pricing difference between old and new futures contracts, this month’s rollover will be larger than previous rollover adjustments.
Please note:
- The rollover will be automatic, and any existing open positions will remain open.
- Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.
- To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.
- Clients should ensure that take profits and stop losses are adjusted before this rollover occurs.
If you have any questions or require further clarity surrounding this month’s Oil rollover adjustment, do not hesitate to contact [email protected].
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Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.
With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices.
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