Jump to content

Betting on FTSE Daily Future

Guest Amolad

Recommended Posts

If betting on the FTSE I usually use the rolling price, but today I placed a Sell bet on the Daily future when the FTSE was about 7301.

This was closed with a loss of £10 and a new contract opened with a current profit of £7 (so I'm down £3). In the meantime the FTSE fallen about 26 points. I seem to have missed out on the fall ... or am I not understanding something.


Any advice/clarification gratefully accepted .... Amolad

Link to comment



From what I understand, you say you were short the FTSE 100 Daily Future and held this to expiry and so at 16:30 yesterday your position was closed. However, as you have Daily rollovers enabled you were re-opened in a new short position for today's expiry. Normally you would close at a price X (settlement price at 16:30) and re-open 1 point lower as you were short.


Please note that generally on a Wednesday some of the constituent stocks in the FTSE 100 may pay a dividend, and so we must adjust our FTSE 100 DFB/Cash price by the point total of said dividend. Yesterday there was a large dividend paid of 27.9 points. This meant that we manually adjusted our FTSE 100 price by reducing it by 27.9 points, and so you were opened at a lower level. However you’ve not lost out from this, as it was an artificial move and not a market move.


In order to disclose these dividend adjustments to clients we publish the following week's forecasts on a Friday on the Community here.


I would strongly suggest watching this video which should further explain why and how we make the dividend adjustment.


I hope that this clarifies it for you, however, if you or anyone else have anymore questions please feel free to ask!





Link to comment


This topic is now archived and is closed to further replies.

  • Create New...