When an eligible futures-based contract for difference (CFD) approaches contract expiry, its rollover process involves transitioning the position to the next futures contract. A cash adjustment is applied to reflect the price difference between the contracts, which may result in a debit or credit to your trading account.

How does rollover affect my trading account?

During a rollover, the position is transitioned from the expiring futures contract to the next contract. As the two contracts may have different prices, a cash adjustment is applied to account for this difference and prevent an artificial profit or loss arising solely from the rollover.

The adjustment depends on the price difference and the direction of your position. It appears separately in your trading history or account statement, typically as Cash Adjustment – Rollover, rather than as part of your normal trading profit or loss.

The adjustment is based on pricing information provided by Vantage Markets and may differ slightly from external market data. The final amount can only be confirmed once the relevant end-of-day price is available.

Which products are subject to rollover?

Rollover applies to eligible futures-based contract for difference (CFD) with an underlying contract that has an expiration date.

Affected instruments and rollover schedules may vary. Vantage Markets publishes upcoming rollover information through Rollover Dates Notifications page and may also notify clients by email.

Please check the latest rollover notification for the applicable products and dates before trading or holding an affected position.

What can I do before a rollover?

If you do not wish to have your position rolled over, you may close it before the applicable rollover date.

What are the conditions and limitations of rollover adjustments?

The final adjustment may differ from external pricing estimates and can only be confirmed once the relevant end-of-day price is available.

Rollover adjustments are separate from swap or overnight financing charges, which may also apply when positions are held overnight.