Rollover Schedule

For assets that have dated contracts that act as a reference for futures-based price feeds on Margin Trade (e.g. CL) at the start of each month, the rollover schedule will be defined to be the 5th to the 10th business day of the month.

The reference contract will transition smoothly from the current month's active contract to the next active contract through a sliding weighted average that reduces the active month's price weightage each day during the transition period.

For example, if an oil contact is currently referencing the CLK6 contract and will roll into CLM6 then the rollover will happen as such:

• April 8, 5:30PM ET - 80% active contract (CLK6), 20% next active contact (CLM6)

• April 9, 5:30PM ET - 60% active contract (CLK6), 40% next active contact (CLM6)

• April 10, 5:30PM ET - 40% active contract (CLK6), 60% next active contact (CLM6)

• April 13, 5:30PM ET - 20% active contract (CLK6), 80% next active contact (CLM6)

• April 14, 5:30PM ET - 0% active contract (CLK6), 100% next active contact (CLM6)