Overnight Position

Post author By admin
Post date December 2, 2020

In the currency markets, overnight positions represent all open long and short positions that a forex trader possesses as of 5:00 p.m. EST, which is the end of the forex trading day. Overnight trading refers to trades that are placed after an exchange’s close and before its open. The maximum amount of a position that can be held overnight. This is set by the central bank to limit exposure of positions that can not be closed during the night.

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