Rollover on COFFEE, COTTON, SUGAR, WHEAT, CORN, SOYBEAN
Dear Clients,
Please note that today at the end of trading day COFFEE, COTTON, SUGAR, WHEAT, CORN and SOYBEAN underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:
- COFFEE approx. 2,2 USD
- COTTON approx. 0,31 USD
- SUGAR approx. -0,05 USD
- WHEAT approx. 4,25 USD
- CORN approx. 4,75 USD
- SOYBEAN approx. 5 USD
It means that if nothing occurs between today's closing and tomorrow’s opening, open price for COFFEE, COTTON, WHEAT, CORN and SOYBEAN should be higher, and lower for remaining mentioned instruments by given values.
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.
Kind regards,
Forex Rally
Rally Team