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

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

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