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What is the difference between an intraday and overnight position?
Answered By Editor
Intraday positions are any positions made any
time during the 24 hour period after the
close of regular hours of trading at 4:30
p.m. EST. Overnight positions are the
positions that are still on at the end of
normal trading hours that are automatically
rolled at competitive rates to the next day's
price, these are based on the interest rate
differentials of the currencies.
keywords: Currency | Currency Exchange | Currency Trading | Foreign Currency | Forex | Foreign Exchange | Intraday Position | Overnight Position | Forex Trading
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