Ajustement mensuel des CFD

Les CFD offerts par Dukascopy sur le pétrole, le gaz, le cuivre, les indices, les obligations et les matières premières sont des dérivés sans expiration. Les prix sont influencés par les prix des futures des matières premières, indices et obligations correspondants (la liste complète des instruments est fournie ci-dessous) qui sont négociés sur les bourses.

When the underlying future contract is due to expire, the CFD is switched to another contract. Due to this switch, CFD price is changing to the price of the new futures contract. Such switch affects all the open positions. The price switch of CFD from old to new futures contract occurs during the market break of the adjustment date. In order to compensate price difference between old and new contracts the adjustment is applied as debit/credit to the account.

The adjustment is done at least one day prior to the expiry date of the current future contracts.

At 13:50 GMT summer / 14:50 GMT winter time on the respective days Dukascopy determines adjustment rate for the concerned CFD as the price difference between frontal and next month futures.

Dukascopy publishes adjustment rates on website shortly after.

Instruments subjected to the price adjustment are following:

• Energy commodities:

  BRENT.CMD/USD, LIGHT.CMD/USD, GAS.CMD/USD, DIESEL.CMD/USD;

• Métaux:

  COPPER.CMD/USD, XPT.CMD/USD, XPD.CMD/USD;

• Soft commodities:

  OJUICE.CMD/USX, COCOA.CMD/USD, COFFEE.CMD/USX, COTTON.CMD/USX, SUGAR.CMD/USD, SOYBEAN.CMD/USX;

• Indices:

  DOLLAR.IDX/USD, VOL.IDX/USD, SOA.IDX/ZAR, PLN.IDX/PLN;

• Obligations:

  BUND.TR/EUR, UKGILT.TR/GBP, USTBOND.TR/USD;

Client accounts will be adjusted according to the published adjustment rates.

Positive adjustments are made before market is opened; negative adjustments are processed shortly after market opening.

Price adjustment calendar is provided below. Values are shown as a pips difference between expiring/next month underlying future:

Depending on the direction of the client position this may be a credit or a debit to the client. Feel free to use the above provided price adjustment calendar in order to estimate the effect of CFD monthly adjustment to your account.

Les clients désireux d'éviter les taux d'ajustement doivent fermer leurs positions avant l'horaire de l'ajustement.

Please be aware that on the adjustment day trading of CFDs will be stopped 20 minutes earlier:

After adjustment trading starts according to the regular trading time schedule.