Usd jpy positions closed

[Guest JamesN]

I had even quantity buy and sell on my usd jpy positions. 

How come it got closed during the flash crash

[trade247]

At about 10pm London time on Wednesday, the yen appreciated more than 3 per cent against the dollar in just eight minutes. Assume spread increase over this vol period pushed your positions overboard and you didn't have enough margin.

Either way ... why even bother having equal and opposite positions open at the same time? There is no benefit WHATSOEVER and you're just paying overnight fundings?

Best to call them to find out the real reason.

[OptionsTrader]

I sold a 11900 PUT EURJPY for 04JAN19. 

The market closed at 12370 on the 04JAN (the flash crash was on 02JAN19)

The position expired on the 04JAN at a £-180 loss ??

The same happened in 3 other JPY related positions.

 

How is this possible?

 

[trade247]

3.3 to 184 is a difference of 180.7

Assume you think you should have made the 3.3 points?

demo account or real life account? Did you speak to them?

[OptionsTrader]

6 hours ago, cryptotrader said:

3.3 to 184 is a difference of 180.7

Assume you think you should have made the 3.3 points?

demo account or real life account? Did you speak to them?

that's right, I only made 3.3 on the sale.

All in demo thank God

Calling them now

 

[trade247]

interested to hear back on this one @OptionsTrader - let me know what they said