Closed Trade definition
Closed Trade means the closing of a position that refers to executing a transaction that is the exact opposite of an open position, thereby nullifying it and eliminating the initial exposure “Contract” shall mean any contract for the purchase or sale of any security, currency, commodity or other property or the entering into any derivative contract (including, without limitation, any derivative or contract for difference referable to any security, currency, commodity or other property or measurement or index) which is subject to Margin Requirement and entered into between BKT and Client, and shall include any Exchange Related Contracts and OTC Contracts offered by BKT in the Smart Invest Trading Platform “Commodities”, it is a raw material or primary agricultural product that can be bought and sold, such as copper, crude oil, corns, coffee etc, and precious metals as well.
Closed Trade. - shall mean the closing of a position that refers to executing a transaction that is the exact opposite of an open position, thereby nullifying it and eliminating the initial exposure