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miiky

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Posts posted by miiky

  1. Hi all, I understand the principle and practice of auto rollover from one expiring contract to another. But...

    At the time of rollover of brent oil Sept to Oct at 21:18 on the 27th July 22 the prices used were as follows. These are the actual closed/ open prices used by IG on my spread bet account 

    Sept  10665

    Oct  10165

    But at that 21:18 point Oct futures was showing a price of around 10245. 

    So instantly I'm down. Ignoring the spreads.

    I was told you don't loose out due to a rollover Ignoring spread but how can that be based on the above were did 10165 oct opening come from when showing 10245 at that exact time. 

    Anyone please :/

    M

     

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