Username: Andrew Rating: Asked to: Talitha Taslim Date Created: 19 Jan 2017 |
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Category | 17 |
Tag | Financial |
Question | Please give the definition of 'Overnight Trading'. |
Hello Andrew, The buying or selling of currencies between 9pm and 8am local time. This type of transaction occurs when an investor takes a position at the end of the trading day in a foreign market that will be open while the local market is closed. The trade will be executed sometime that evening or early morning. |
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