Platforms Team Platforms Team
Sales, Products and Platforms, Saxo Capital Markets
30 November 2015

Side-based P/L calculations for Forex

From 18th January 2016, P/L on open Forex positions shown in the Positions lists will be calculated using the actual Bid or Ask close price instead of the mid-price in all Saxo Bank's platforms.

​​From 18th January 2016, P/L on open Forex positions shown in the Positions lists will be calculated using the actual Bid or Ask close price instead of the mid-price in all Saxo Bank's platforms.

This means that:

  • The close price shown in the Positions list will show the price to close the position (Bid for long position, Ask for short positions)
  • P/L will be calculated using the Bid/Ask close price
  • % Price will be calculated using the Bid/Ask close price

This will give a more accurate representation of the P/L that will be booked on your account.

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