What is expiration?
Expiration marks the end of a futures contract’s validity. This contract serves as the underlying asset for certain CFD instruments.
Once the old contract expires, you must switch to a new one to continue trading that instrument.
If the Auto-Rollover option is not activated, all active trades on the old contract will close automatically on the expiration date.
What is Auto-Rollover?
By default, Auto-Rollover is enabled, meaning your position will automatically renew into the new contract upon expiration.
✅ It’s highly recommended that you check this setting to make sure it's active or inactive according to your preference.
What happens to pending orders?
When the instrument transitions to a new contract:
All pending orders for that instrument will be automatically canceled.
You can view the expiration dates of futures contracts in the Instrument Specifications section on the Libertex website.
How to enable or disable Auto-Rollover
On Desktop:
Go to your list of active trades.
Select the trade you want to modify.
Open the “Commissions and Reports” tab.
Check or uncheck the “Auto-Rollover” box.
On Mobile:
Go to the “Trades” section.
Tap the trade you want to adjust.
Under the “Info” tab, enable or disable “Move to New Contract.”
How does auto-rollover work?
Here’s how the rollover process is handled in Libertex:
At contract expiration, the system saves the current result of your trade.
Your trade is unlinked from the old contract and switched to the new one with updated quotes.
A new trade is technically created using the same trade volume and multiplier.
📌 Important Notes:
A Spread will be applied based on the new contract.
A commission for opening the new trade will also be charged according to the Instrument Specifications.
A reopening price is calculated to preserve your financial result after the rollover.
⚠️ Watch out near expiration
In the final days before a contract expires, liquidity can drop significantly.
As a result, Libertex may switch to the next available contract before the official expiration date.