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Futures
Facts
4 Global Futures available to trade
No commissions
Up to 1:200 leverage
Deep Liquidity
COF

Futures CFD are priced directly from the underlying futures markets, with commissions, financing charges and dividend adjustments all built into the spread itself. COF offers competitive spreads across all of our Future CFDs.

The following table shows our selection of global Futures CFDs

Index
Symbol
ICE Dollar Index Futures
DXY
CBOE VIX Index Futures
VIX
Brent Crude Oil Futures
BRENT
WTI Crude Oil Futures
WTI

Futures CFD Example

Buying the Volatility Index (VIX)
The gross profit on your trade is calculated as follows:
Opening Price
$14.20
Closing Price
$18.20
Difference
4.00 (400 Index points)
Gross Profit on Trade
400 x 1 contracts ($0.01 per point) = USD $4.00
Opening the Position
The price of the VIX is 14.05/14.20. You are of the view that market volatility will increase so you decide to buy 1 contract at 14.20. (One contract is equal to $0.01 per point, there are 100 pointsper 1.00 change in the index). No commission is charged on Futures CFDs.
For every point that the bid quote on the VIX rises above 14.20 you will make a profit of $0.01 USD, for every point the bid quote falls below 14.20 you will lose $0.01 USD.
Closing the Position
Four days later, the VIX has risen to 18.20/18.35 and you decide to take your profit. You close your position by selling 1 contract at 18.20.
You should be aware that if the market had moved in the opposite direction, you would have made a loss that could have exceeded your initial deposit.

Upcoming Expiring, Spot Oil and Tradable Markets

Futures expiry/roll process

COF Futures CFDs are set to expire one day before the contract expires on the underlying market. When a Futures CFD contract expires, all open positions will be closed at the futures settlement price; as reported by the futures exchange. This process would usually take place on the day following the expiry. Open positions are not rolled to the next front month so any clients wishing to hold long term positions must reopen the trade on the next available contract.

 

 

Index
Symbol
Contract Month
Expiry Date
ICE Dollar Index Futures
DXY_H2
MARCH-22
14-03-2022
CBOE VIX Index Futures
VIX_H2
MARCH-22
15-03-2022

Soft Commodities Expiry Information:

Soft Commodity
Contract Month
Expiry Date
BRENT_J2
MAY-22
30-03-2022
Cocoa_K2
MAY-22
19-04-2022
Coffee_K2
MAY-22
11-04-2022
Corn_K2
MAY-22
22-04-2022
Cotton_K2
MAY-22
11-04-2022
OJ_K2
MAY-22
02-05-2022
Sbean_K2
MAY-22
22-04-2022
Sugar_K2
MAY-22
28-04-2022
Wheat_K2
MAY-22
18-04-2022
WTI_J2
APRIL-22
22-03-2022


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