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Contracts Expiry

Expiry Date: The last day on which the holder of an option can exercise his right to buy or sell the underlying security.

Product Types that have an expiration date include:

The expiration date for these kind of products is included on the trade ticket when placing the order.

Note

  • These dates provided are subject to change.
  • Failure to close your positions by the date mentioned above will result in the automatic closure of positions.
  • Expiry Date means the day all positions will be closed.
  • There could be unexpected periods of volatility, low liquidity, and some LP’s will increase the spreads during expiry dates.
  • Expiry Dates are subject to change by the respective markets.
  • Spot FX and other spot commodities that do not have expiration date will not be affected.

If you have any questions please contact us at support@promaxtrading.com

Symbols

Promax symbols use the format which is the combination of
Symbol Root + Month Code + Year Final Digit(s)
Example: Brent Crude Oil Offexchange Aug 2020 would use the symbol BR_Q20

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