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.
| Product Type | Symbol | Description | Expiry Date |
|---|---|---|---|
| Metals | GC_Q20 | Gold Offexchange | 25.08.2020 |
| Metals | SI_U20 | Silver Offexchange | 27.08.2020 |
| Product Type | Symbol | Description | Expiry Date |
|---|---|---|---|
| Energies | BR_V20 | Brent Crude Oil Offexchange | 26.08.2020 |
| Energies | CL_U20 | Crude Oil Light Sweet Offexchange | 18.08.2020 |
| Product Type | Symbol | Description | Expiry Date |
|---|---|---|---|
| Indices | DAX_U20 | DAX Offexchange | 16.09.2020 |
| Indices | DM_U20 | Mini Dow Offexchange | 16.09.2020 |
| Indices | ND_U20 | NASDAQ Offexchange | 16.09.2020 |
| Indices | NQ_U20 | Mini NASDAQ Offexchange | 16.09.2020 |
| Indices | SP_U20 | E-mini S&P 500 | 16.09.2020 |
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
| Month Code | |
|---|---|
| January | F |
| February | G |
| March | H |
| April | J |
| May | K |
| June | M |
| July | N |
| August | Q |
| September | U |
| October | V |
| November | X |
| December | Z |