Futures rollover

This is a discussion on Futures rollover within the Futures & Options forums, part of the Markets category; Hi guys. I hope that this is the correct forum to post this question. I would like to ask you ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 15, 2017, 6:19pm   #1
Joined Sep 2016
Futures rollover

Hi guys. I hope that this is the correct forum to post this question. I would like to ask you something regarding futures close out.

In the few years that I have been trading, I have always been given the option by the trading brokers that are use to automatically roll me over into the new contract. Four example, future is closed out today but I was automatically rolled over to the December contract with one of my brokers

I had a similar position with another broker who simply closed out the position. When I enquired about this I was simply told the contract for September had expired and therefore we do not roll over clients.

What I would like to find out is if this is standard practice? Can a broker automatically close out your position without giving you the option of Roll over?


Sent from my iPhone using Tapatalk Pro
dashdbn is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rollover XxQuote399 Futures & Options 20 Aug 23, 2012 12:08am
Rollover Schopen Forex 7 Aug 24, 2009 12:41pm
Rollover day BrainStorm Indices 8 Aug 26, 2006 8:21pm
Rollover TheWolf Forex 0 Mar 22, 2005 12:51am
Futures Rollover to M Skimbleshanks Indices 16 Mar 19, 2004 7:48am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)