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Username: Andrew

Rating:
Guru Stars

Asked to: Talitha Taslim

Date Created: 19 Jan 2017
Category 17
Tag Financial
Question Please give the definition of 'Overnight Trading'.
Advice from Guru
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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