Affected by the continued spread of COVID-19, the crude oil market generally suffers from sharp market fluctuations and widening spreads, resulting in huge price differences between new and old crude oil futures contracts. Therefore, this month ’s crude oil rollover fee will be much greater than any previous rollover adjustment. You should close the futures crude oil contract before the rollover, and properly control the position to avoid unnecessary trading risks.
New contracts will automatically rolled-over as follow.
After the rollover is effected, there will either be a deduction or reimbursement depending on your position and the change in price(if applicable). We advise traders to adjust their positions accordingly. In regards to make the adjustments for the renewal, we will also disable all transfers between accounts under the same name during the day from the markets opens to half an hour after the markets close.
If you have any questions, our team will be happy to answer your questions.Please mail to [email protected] or contact the service online.