Side-based-PL-dec-2015
Title: Side-based P/L calculations for Forex
Page Content:
From January 2016, P/L on open Forex positions shown in the Positions lists will be calculated using the actual Bid or Ask close price instead of the mid-price in all Saxo's platforms.
This means that:
- The close price shown in the Positions list will show the price to close the position (Bid for long position, Ask for short positions)
- P/L will be calculated using the Bid/Ask close price
- % Price 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.