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    New contract month and margin calculation formula

    Dear clients!

    On November 26th, 2018, the contract month will be updated for Natural Gas Futures. Brent Crude Futures, Harbor ULSD Futures, RBOB Gasoline Futures. NGG9, BRNH9, HOH9 and XRBG9 contracts will become available for trading.

     

    Symbol

    Description

    Date

    NGG9

    Natural Gas

    26.11.2018

    BRNH9

    Brent Crude

    26.11.2018

    HOH9

    Harbor ULSD

    26.11.2018

    XRBG9

    RBOB Gasoline

    26.11.2018

    Also, we’re bringing to your attention that the formula for calculation of margin and profit for all the instruments mentioned above and all the following futures (including DX. ES. FCE, FDAX, FTSE, NQ, YM) will be changed to “CFD” from November 3rd, 2018.

    Margin calculation formula: [lots*contract_size*market_price*percentage/100].

    Profit calculation formula: [(close_price – open_price)*contract_size*lots]

    Please, take this information into account when planning your trading activity. If you have any questions, please, contact our client support by email info@grandcapital.net or via LiveChat on our website.

    Grand Capital Team


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