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