{{ "2017-03-30 09:52:00Z" | moment:{inputFormat: 'YYYY-MM-DD HH:mm:ssZ'} }}

Futures position management changes

Saxo Capital Markets is moving to FIFO netting on futures positions from:

  • SaxoTrader platform - 6th April
  • TraderGO platform - 8th April

This means that futures trades must be closed in the order they were opened; platform features which allow you to close trades in a different order will be removed:

  • Individual trades in a position cannot be closed directly.
  • You cannot place related stop and limit order to close specific trades.

 

Closing positions

To close or reduce a position, you can place a trade using either the Close button on the position or by placing a trade using the Trade Ticket

 

Related orders

Stop loss and take profit orders cannot be related directly to individual trades. Independent stop and limit orders can be placed instead and managed separately to the position – if you manually close a position, you must also manually cancel any orders.

Changes to Allocation Summary

In connection with the futures position management changes in the beginning of April, the Allocation Summary will be changed:

  • For futures contracts, the Close Allocated Positions Ticket will be changed to allocate futures orders/trades which are not related to opening trades.
  • The Close Position buttons on the trade level in the Allocation Summary will be removed for all products.

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