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Position

An active trade that has been entered but not yet closed or expired.

Related Terms

Verification The process of submitting identity documents to activate a live trading account. Zentrader accepts passports,… Expiry / Expiry Time The predetermined time at which an option contract ends and the outcome is determined. On… Drawdown The peak-to-trough decline in account balance. Used to measure risk and the impact of losing… AML (Anti-Money Laundering) Regulations and procedures designed to prevent illegal funds from entering the financial system. Zentrader requires… Broker A company that provides a platform for traders to buy and sell financial instruments. Zentrader… Closing Price The price of an asset at the time a trade's outcome is determined. For High/Low…

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