A “rollover” is the purchase of an OTC FX Futures contract of the same amount and tenor as the initial OTC
FX Futures contract used to hedge the foreign exchange risk of an eligible underlying Foreign Port folio
Investment (“FPI”) and which is specifically booked as a “rollover”.
To clarify; a 6M OTC FX Futures contract purchased for an FPI transaction with a valid Certificate of
Capital Importation (“CCI”), may be rolled over upon maturity of the 6M OTC FX Futures contract as long as the
CCI remains valid, without paying the associated Clearing Fees that would be payable if the contract is treated as anew (non-rollover) contract.