Closed Position - Definition

The result of closing a Position, in which an equal/offsetting trade is made to eliminate ones Exposure to a given Currency Pair. For example a position of 100 GPB/USD can be closed by buying 100 USD/GPB.



Terms near "Closed Position"

Closing Market Rate
CLP
CME Group
CNY
Co-owner
Coincident indicator
Collateral
Commission
Commitments
Commodity Futures Trading Commission (CFTC)
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