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June 27, 2018

HotForex, Sugar & Copper contract expiring and British Airways stock ex-dividend

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Please note the updates on some financial products for HotForex MT4.

Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.

Please note the Contract Expiration and Ex-dividend dates of several financial instruments on HotForex MT4.

Sugar Contract Expiration: June 28th 2018

In accordance with CFD contract specifications and guidelines, we are notifying you that your open position(s) on Sugar contracts will be expiring on Thursday (June 28th 2018) at 17:00 GMT.

At that time, all open Sugar position(s) will be closed and all stops, limits, and pending entry order(s) will be cancelled.

Clients holding open position(s) will realize any floating profits or losses on their Sugar position(s) at the time those positions are closed. Clients wishing to maintain positions in Sugar will need to place new trades after this time.

Copper Expiration: June 27th 2018

In accordance with CFD contract specifications and guidelines, we are notifying you that your open position on Copper contracts will be expiring on Wednesday (June 27th 2018) at 21:00 GMT.

At that time, all open Copper 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 Copper positions at the time those positions are closed. Clients wishing to maintain positions in Copper will need to place new trades after this time.

British Airways Ex-Dividend Announcement swaps adjustment

Please note for the 27th of June 2018, British Airways shares CFD SWAP charges applied on all open positions will be adjusted as follows:

Stock(Symbol) British Airways (BAY)
Long Swap 2.96
Short Swap -5.52

The above company will trade EX-Dividend on the 28th of June 2018.

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