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Worked example on TomNext

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Hi @MongiIG or anyone else at IG,

Could I check what is going on in the worked example of how the TomNext
rate is defined?

The worked example on the IG site says "To roll your position, you would
be selling at 1.1378 and then buying back at 1.1380 – effectively paying 2
However from that it then says "that the tomnext rate is 0.5/2.5".

Should this not be "0.0/2.0" in this worked example?

This would be consistent with the worked example shown here, for example:

Just trying to get my head round this stuff so I can run my backtest!

Thanks very much,


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Hi @cate,

Thank you for your post.

We would like to apologise for the delayed response. 

Please be informed that the team concerned will be making changes to the example soon.

Thank you so much for bringing this to our attention. We will provide an update once the page has been amended.

Have a great day,


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5 hours ago, cate said:

Thanks very much @KoketsoIG.

Hope you have a good day too!

Hi @cate,

Thank you for your patience. Please note that the relevant team is currently working on amending the worked example and it should be more clearer by the end of business today.

All the best,


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