Thread: How do brokers pay your leverage? How does it work?
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Old 18-12-2005, 23:34   #7
TraderABC
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Re: How do brokers pay your leverage? How does it work?
Quote:
Originally Posted by MickMason
Spot forex deals have a settlement date 2 working days forward, and positions left open overnight are rolled-over, in effect closing and re-opening the position which starts the 2-day clock ticking again.


Mick

Hi Mick!

Question... If settlement date is 2 days ahead, how can your profit or loss be instanteneous after you close a position? Please don't tell me that it is vurtual, because you can use extra money to open new positions.

thanks!
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