[Futures Rollover settings and price]

I searched the forums and didn't find the answers to my questions, apologies if it has already been answered.

1. What setting is by default when holding a future position in spread betting account - rollover or what happens when the contract expires?

2. How do I know when the contract expires?

3. What happens on roll over, specially if there is a big gap between futures prices e.g. VIX Mar 20 price atm is 77.80/78.00 while Apr 20 is like 62.30/62.45 What happens when the contract expires? Does the March position get closed at at last price and opened at Apr price which say is 63 instead of 78?

4. Thank you in advance

[The cannabis index]

14 hours ago, Caseynotes said:

no futures on the index yes but I was thinking of Aurora as was mentioned by the poster above.

How does it work exactly? Say if I buy Sep 20 ones or March 20, won't I need to pay overnight charges? What's the difference with buying cash?

[The cannabis index]

6 hours ago, dmedin said:

I've got a long position on and I want to treat it like an investment (forget about it for months or even several years), except maybe to add positions over time

Now this looks good, I need some of those magic mushrooms.

 

I'm long on Aurora, but feel it may take another year before it starts pushing upwards (if it survives at all). Wouldn't IG commissions on your long position eat all your potential gains over years or am I missing something? I find it very expensive to have long positions on anything using IG portal. Am I missing something?

[Indices]

I'm not hood at posting graphs, btw @Caseynotes where do you get these pics from. It doesn't look like IG Web interface.

On the other hand, with DAX failing to get above weekly 100 MA and potential head and shoulders forming on a daily chart I see it going downwards this week to about 11845 mark. EUR consumers don't look confident either. Any thoughts?

[Indices]

Indices will only go down this year from here IMHO