Ava FX provides CFD trading on future contracts. All future contracts have maturity dates. To allow continuous trading to our valued traders, Ava FX swaps the matured contract with a new contract and new price before each future contract matures.
Upcoming CFD rollover dates are as follows:
If there will be any substantial price difference between the contracts, an adjustment will be made to the Premiums in your account so that if there is a price difference it will not affect your Profit and Loss. In that way there will be no net significant affect on your Profit or Loss.
Any traders with open position(s) at the rollover time in CFDs will see the price adjustment on their rollover as a credit or a debit.
In addition, all existing conditional (stop or limit) orders that will be triggered at the beginning of the new contract trading will be executed at the new market price.
Any traders that do not want to incur the price adjustment can close their positions before the rollover date and open new positions afterwards.
For more information please contact us