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Weekend markets


mlm22

Question

Posted

Can I use the IG weekend price on a market to offset a position I had at the close on Friday ?
i.e   if I was short Dow at the close , and buy the same amount now at the current price, am I locking in the gain ?

3 answers to this question

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Posted
52 minutes ago, mlm22 said:

Can I use the IG weekend price on a market to offset a position I had at the close on Friday ?
i.e   if I was short Dow at the close , and buy the same amount now at the current price, am I locking in the gain ?

Hi, yes, the weekend market is commonly used to hedge your over weekend main market position. 

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Guest Bear Trader
Posted

Hi all,

If I am short of footsie over the weekend. I then buy some weekend footsie to cover some, it shows as two different positions. Can I and how can I net them off? and can I pick the levels that I'd like to close out?

Cheers!

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