EXPIRATION OF CONTRACTS

Expiration


Clients involved in energy trading are subjected to a monthly expiration. If a client is on the hold of an open position during “Jalatama Expiration”, it will be closed at our bid/ask price at

US Crude Oil – 05:00 GMT

The impact of this is client will be experience any floating profit or loss during the time it is closed.

Example

  1. Client buy 5 contracts at 70.00
  2. A day before the contract expiration, the expiring month is trading at 73.00
  3. The day of expiration, client’s position is closed at 73.00 and the profit will be automatically credited to the client’s trading account.
  4. If there’s any pending orders from the expiring contract, then the order will be cancelled
  5. If the client wish to resume the pending orders, then clients have to re-establish new position and re-enter the pending orders.

US Crude Oil (NYMEX) Expiration Table 2019


CONTRACT MONTH EXCHANGE EXPIRATION JALATAMA EXPIRATION
Sep 18 21 Aug 20 Aug
Oct 18 20 Sep 19 Sep
Nov 18 22 Oct 19 Oct
Dec 18 19 Nov 15 Nov
Jan 19 19 Dec 18 Dec
Feb 19 22 Jan 18 Jan
Mar 19 20 Feb 19 Feb
Apr 19 21 Mar 19 Mar
May 19 22 Apr 19 Apr
Jun 19 21 May 17 May
Jul 19 20 Jun 19 Jun
Aug 19 22 Jul 19 Jul
Sep 19 20 Aug 19 Aug