What is rolling over? What is the procedure of rolling over my positions?
Rolling over is used by market participants for securing settlements between them. Our company also uses it for accounting of financial results for each trading session.
The procedure is the following:
At 22:55 GMT the system automatically closes your positions at the current exchange rate, fixes profit/loss at the moment of closing and reflects the total equity in the window "Start" at the moment of opening the next session.
At 23:00 GMT your positions are opened at the price of their closing. The financial result for the previous trading session is reflected in you "Start" sum at the current trading session and your position now is opened at the new price.
For rolling over the positions you will receive the roll-over fee in accordance with our Regulations.
Fixing your profit/loss at the end of each trading session doesn’t influence the state of your account and is necessary only for accounting purposes.