Important: Rollover for OIL and OIL.WTI
Dear Client,
We would like to inform you that for today's rollover on the:
- OIL instrument, you can expect a potential big difference in price between the old contract and the new one. The current price of the old contract is 19.17 and of the new one 23.87.
- OIL.WTI instrument, you can expect a potential big difference in price between the old contract and the new one. The current price of the old contract is 12.10 and of the new one 20.88.
If you have set limit or stop orders close to the current rate, please adjust their values to the expected difference. In addition, we recommend ensuring an appropriate Free margin level on your account to avoid activating the STOP OUT mechanism.
A Rollover is a transition of the underlying instrument from a contract that expires soon for another longer-term feasible contract. As some instruments offered by XTB Limited are based on futures contracts and do not have a specific maturity,they have to be periodically rolled. The advantage of this operation is that the client can keep open positions for much longer than the life of the underlying contract. A rollover allows the client to keep a position on a given instrument and remain open when switching to another contract.
In order to check the dates when rollovers will apply you can visit our rollover table.
Should you have any questions do not hesitate to contact us.
The XTB Team