Today, at the end of trading day COCOA, COFFEE, CORN, WHEAT underlying instruments will change their delivery dates.
Current difference between prices of futures with consecutive delivery terms is:
- COCOA approx. 46 index points
- CORN approx. 7.50 index points
- COFFEE approx. 3.45 index points
- WHEAT approx. 1.75 index points
It means that if nothing occurs between today's closing and tomorrow’s opening, open price for COCOA,COFFEE, CORN and WHEAT should be higher.
Change of position value connected with base change will be corrected by swap points equal to base value.
Clients with limit and stop orders close to current price are kindly requested to adjust their position to changes in base value.
Otherwise stop and limit orders will be executed according to standard procedure.