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May 16, 2018

HotForex, Contract Expiration & Ex-Dividend Swap Adjustment on May 16th

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Contract Expiration FRA40.F, N25.F and US Oil.

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In accordance with CFD contract specifications and guidelines, we are notifying you that any open position on FRA40.F and N25.F contracts will be expiring on Friday (May 18th 2018) at 14:00 GMT, and USOIL contracts will be expiring on Thursday (May 17th 2018) at 20:45 GMT.

At that time, all open FRA40.F, N25.F and USOIL positions will be closed and all stops, limits, and pending entry orders will be cancelled. Clients holding open positions will realize any floating profits or losses on their FRA40.F, N25.F or USOIL positions at the time those positions are closed.

Clients wishing to maintain positions in FRA40.F, N25.F and USOIL will need to place new trades after this time.

Chevron, HSBC and Tesco Ex-Dividend Announcement swaps adjustment

Please note for the 16th of May 2018, Chevron , HSBCL and Tesco shares CFD SWAP charges applied on all open positions will be adjusted as follows:

 Long Swap  Short Swap
 Chevron Corp 26.1 -48.53
 HSBC Holdings 2.3 -4.33
 Tesco Plc 46.6 -86.6

The above companies will trade EX-Dividend on the 17th of May 2018.

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