Squaring off of Commodity Contracts

T

targetzero

Active Member
#1
#1
Hi,

I am told by my Broker that I need to square off a few days early than the actual contract expiry date. For ex, for 5th Feb expiring Gold mini contract, I was asked to square off on 31st Jan.

Just wondering if this is for all the brokers or broker specific?
 
M

MANISH_DAMANI

Well-Known Member
#2
#2
targetzero said:
Hi,

I am told by my Broker that I need to square off a few days early than the actual contract expiry date. For ex, for 5th Feb expiring Gold mini contract, I was asked to square off on 31st Jan.

Just wondering if this is for all the brokers or broker specific?
Click to expand...
Many times it happens date changed. Where physical delivery concept is there like in gold and silver in both such things also happens. So your broker is not wrong.:thumb:
 
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