Early rollovers (rollovers before the set expiration time) are possible in a few scenarios:
- Liquidity issues: When a futures contract is nearing its expiration, liquidity and trading volumes can decrease significantly, leading to widened spreads and unfavourable trading conditions.
- Premature suspension: In cases of low liquidity and trading volumes, trading may be suspended altogether. If there are insufficient market participants willing to buy or sell at the same time, trading is halted, and no new prices are quoted. In such situations, we will perform an early rollover to the next futures contract to prevent positions from becoming stuck and untradeable.