Trading Guidelines (Precious Metals)
Lock position
Definitionsimultaneously holding the same quantity of long and short positions of the same Product within the same account.
1
A client can lock or unlock positions at his/her own discretion. In the case of locking positions, the client’s account equity value must not be lower than the required initial margin value. In the case of unlocking positions, the client’s account equity value must not be lower than the required stop loss margin value.
2
Please note that locking positions increases the cost of investment. Interests are calculated on long and short positions held overnight, at different rates, until these positions are subsequently closed. Hence, investors are not recommended to apply such method.