Rollover is the adjustment applied to CFD positions that are held beyond the expiration date of the underlying futures contract. Since futures CFDs have fixed expiration dates, any positions still open at expiration are automatically rolled over to the next contract cycle. This process closes the original contract and opens a new one for the following month. The price difference between the two contracts is either credited or debited to your account, and it appears on your trading statement as “Cash Adjustment – Rollover”.
At Moneta Markets, all futures contracts are rolled over automatically upon expiration. Any open positions and orders are transitioned to the next contract, and a debit or credit adjustment is applied to neutralise the impact on the valuation of your position due to changes in the underlying instrument.
We keep traders informed: at the end of each month or beginning of the next, we send email notifications about upcoming rollovers and the affected contracts. A full list of affected futures contracts is also available on our [Notifications] page. If you prefer not to have your positions rolled over, you can close them before the rollover date.