Expiration

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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 80.00
2. A day before the contract expiration, the expiring month is trading at 83.00
3. The day of expiration, client’s position is closed at 83.00 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.