Can an open position e.g buy gold remain open for days or will IG automatically close out at the end of the day?

[mckamdar]

Can an open position e.g buy gold remain open for days or will IG automatically close out at the end of the day?

[Caseynotes]

1 hour ago, mckamdar said:

Can an open position e.g buy gold remain open for days or will IG automatically close out at the end of the day?

Hi, yes a spread bet or cfd for DFB gold will remain open until you close it either manually or by a take profit or stop loss order.

There is an overnight interest charge which will show in your transactions file.