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Long term held positions and their fees


Guest Jossy

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Guest Jossy

Hi everyone new to this so just trying to get my head around fees involved in holding long term positions and seeking soe advice...Am interested in going long GBPCAD and maybe letting it go over 12 to 24 months....the futures spead is 12Eur and expires every Quarter where it is sold and if rolling re bought again...does this mean over a 12 month period this would cost me €96 per year per point? seems expensive just to hold one position.

any advice?help on this is appreciated

thanks

jossy

 

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