Home About the company News New contract month and margin calculation formula for a number of instruments

New contract month and margin calculation formula for a number of instruments

22.11.2018

Dear clients!

On November 26th, 2018, the contract month will be updated for Natural Gas Futures. Brent Crude Futures, Harbor ULSD Futures, RBOB Gasoline Futures. NGG9, BRNH9, HOH9 and XRBG9 contracts will become available for trading.

Symbol	Description	Date
NGG9	Natural Gas	26.11.2018
BRNH9	Brent Crude	26.11.2018
HOH9	Harbor ULSD	26.11.2018
XRBG9	RBOB Gasoline	26.11.2018

Also, we’re bringing to your attention that the formula for calculation of margin and profit for all the instruments mentioned above and all the following futures (including DX. ES. FCE, FDAX, FTSE, NQ, YM) will be changed to “CFD” from November 3rd, 2018.

Margin calculation formula: [lots*contract_size*market_price*percentage/100].

Profit calculation formula: [(close_price – open_price)*contract_size*lots]

Please, take this information into account when planning your trading activity. If you have any questions, please, contact our client support by email [email protected] or via LiveChat on our website.

Grand Capital Team

Author: admin

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