On today, 3rd August 2023 EST at the end of the trading day COCOA underlying instrument will change their delivery dates.
The current difference between prices of futures with consecutive delivery terms is:
It means that if nothing occurs between today’s closing and tomorrow’s opening, the open price for COCOA should be higher by the given values.
The change of position value connected with the base change will be corrected by swap points equal to the base value.
Clients with limit and stop orders close to the 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.
Do not hesitate to contact us in case of any queries or concerns.
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