Important details
Expiration is the end of a futures contract, which serves as the underlying asset for certain CFD instruments. Since the old contract expires, it is necessary to transition to a new contract to allow continued trading of the instrument.
When the expiration date arrives, all trades based on the old contract are closed, unless Auto rollover is enabled. At the time of contract rollover, all pending orders for that instrument are also deleted.
You can check the expiration dates of futures contracts in the Instrument Specifications section.
To allow traders to keep positions open even after expiration, an Auto rollover feature is available for instruments with expiring contracts.
The Auto rollover function is enabled by default for active trades with such instruments, so the trade will automatically roll over when the contract expires. It is strongly recommended to verify that this option is enabled in your trade settings.
How to enable Auto rollover on desktop?
Select the active trade you want to set up.
Go to the "Commissions and Reports" tab.
Here, you can check or uncheck the "Auto rollover" box.
On the chart, expiration is marked with a yellow “E” label.
How to enable Auto rollover in the mobile app?
n the "Trades" section, select the trade you need.
Go to the "Info" tab.
Here, you can check or uncheck the "Renew to new contract" option.
How does Auto rollover work?
At the time of expiration, the system records the financial result of the current trade.
The trade is detached from the old contract and technically switched to the new one with updated quotes.
The trade is re-linked to the new contract, preserving the trade amount and multiplier. Technically, a new trade is executed on the new contract, so a spread and an opening commission will be charged as per the Instrument Specifications.
The reopening price is calculated in such a way that the financial result remains unchanged when the first valid price of the new contract arrives.
Please note: due to reduced liquidity in the final days of a futures contract’s lifecycle, the Company may switch to the next available contract in advance, even before the official expiration date on the exchange.