side-based-PL-calculations-forex-jan-2016
Title: Side-based P/L calculations for Forex
Page Content:
Current mid-based Close price and P/L
Currently, FX positions in the Positions list will show:
- the mid-price (between Bid and Ask) for the Close price
- P/L is calculated using this mid-based Close price
New side-based Close price and P/L (18th January 2016)
From 18th January 2016, FX positions in the Positions list will show:
- Side-based Close price for the position (Bid for long positions, Ask for short positions)
- P/L will be calculated using the Bid/Ask Close price
This will give a more accurate representation of the P/L that will be booked on your account.