22 December 2015

Side-based P/L calculations for Forex

From 18th January 2016, P/L calculations on Forex positions will be calculated using the actual Bid or Ask close price instead of the mid-price in all Saxo’s platforms.

Side-based P/L calculations for Forex

P/L on open Forex positions shown in the Positions lists is now calculated using the actual Bid or Ask close price instead of the mid-price in all Saxo Capital Markets' platforms.

Side-based Close price and P/L

FX positions in the Positions list now shows:

  • Side-based Close price for the position (Bid for long position, Ask for short positions)
  • P/L will be calculated using the Bid/Ask Close price

This gives a more accurate representation of the P/L that will be booked on your account.

Previous mid-based Close price and P/L

Previously, FX positions in the Positions lists showed:

  • the mid-price (between Bid and Ask) for the Close price
  • P/L calculated using this mid-based Close price

 

 

 

 

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