In a post uploaded just a few minutes ago, XTB has drawn user’s attention to a significant rollover on their listings belong to OIL.WTI.
The reason the news is so significant is owed to the large price difference between the old contract and the new contract that the rollover entails. Specifically, the difference is to the tune of over 6 USD, which at the current rate of 20.00 is over 30%. Therefore, it is a significant change that needs to be noted and traders should react accordingly to the news.
The steps that XTB recommend to users are that “If you have set limit or stop orders close to the current rate, please adjust their values to the expected difference.” Furthermore, the platform “recommend in ensuring an appropriate Free margin level on your account to avoid activating the STOP OUT mechanism.”
If this roll-over affects you then you can go to their platform now to make sure that your investment is in order.
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