|
None
of GCI's products, CFD or otherwise, "expire" or
require the client to provide rollover instructions.
The below information indicates when the "near-by"
price referenced by the CFD will change.
| Product |
Roll Frequency |
Roll Schedule
(reference price change) |
| S&P
500 |
Quarterly |
Two
days before second Friday in March, June, September, and
December |
| Dow
Jones |
Quarterly |
Two
days before second Friday in March, June, September, and
December |
| Nasdaq
100 |
Quarterly |
Two
days before second Friday in March, June, September, and
December |
| FTSE
100 |
Quarterly |
Two
days before third Friday in March, June, September, and
December |
| DAX
30 |
Quarterly |
Two
days before third Friday in March, June, September, and
December |
| CAC
40 |
Monthly |
Second
to last business day of the month |
| Nikkei
225 |
Quarterly |
Two
days before second Friday in March, June, September, and
December |
| SPI
200 |
Quarterly |
One
day before third Thursday in March, June, September, and
December |
| Hang
Seng |
Monthly |
Second
to last business day of Contract month |
| MSCI
Taiwan |
Monthly |
Second
to last business day of Contract month |
| Crude
Oil |
Monthly
|
Two
business days prior to the third business day prior to
the 25th calendar day of the month preceding the delivery
month. |
| Natural
Gas |
Monthly
|
Three
business day prior to the first calendar day of the delivery
month. |
| Currencies |
None
- Spot Market |
NA |
| Gold |
None
- Spot Market |
NA |
| Silver |
None
- Spot Market |
NA |
| Shares |
None
- Spot Market |
NA |
Note that
rolls in the reference price month will not affect your P&L
- any necessary adjustments will be made to compensate for changes
in price due to a roll. |
