Overview
Announcements

One off Methodology Change (criteria relaxation) | DBCOMCR Indices | Effective Date 01/05/2020

Today, on the 01/05/2020, Solactive announces the following one off criteria relaxation to the methodology of the following Indices (the ‘Affected Indices’):

NAME

RIC

ISIN

DB Commodity Curve Spread 3 Index

.DBCOMCR3


DE000SLA3NU8

DB Commodity Curve Spread 4 Index

.DBCOMCR4

DE000SLA3N96

DB Commodity Curve Spread 5 Index

.DBCOMCR5

DE000SLA3PA5

DB Commodity Curve Spread Index

.DBCOMCRV

DE000SLA3BK4

DB Commodity Deferred 6 Index

.DBCOMD6

DE000SLA4AV1

DB Commodity Nearby 6 Index

.DBCOMN6

DE000SLA4AW9

 

Rationale for one off methodology change

Solactive has determined that the recent oversupply in the crude oil market has driven a dramatic increase in volatility and resulted in potential negative WTI Crude Oil (CL) future contract prices. Considering the unprecedented and extreme market circumstances, Solactive will advance the roll of CL July contract to CL September contract in short position and the roll of CL September contract to CL November contract in long position from next rebalancing on 7th May 2020.

One off change to the Index Guideline

Adjustment to roll schedule on WTI Crude Oil:

Long Contract Schedule

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

WTI Crude Up to and including April 2020 rebalancing

K

M

N

Q

U

V

X

Z

F+

G+

H+

J+

WTI Crude Up in May 2020 rebalancing

K

M

N

Q

X

Z

F+

G+

H+

J+

K+

M+

 

Short Contract Schedule

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

WTI Crude Up to and including April 2020 rebalancing

H

J

K

M

N

Q

U

V

X

Z

F+

G+

WTI Crude Up from May 2020 rebalancing

H

J

K

M

U

V

X

Z

F+

G+

H+

J+

 

Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Indices. The amended version of the index guideline will be available on the effective date.