Round Turn definition

Round Turn means a complete derivatives or futures transaction, including both an entry and exit. Also called a round trip.
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Round Turn means a closed position. This does not include a fully hedged position where a client may be long and short of the same market.
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Round Turn. ’ means a closed position (open and close) on the Scope Markets’s Platform and excludes a fully hedged position where a Referred client may be long and short of the same instrument.
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Examples of Round Turn in a sentence

  • Transactions entered into on any Eligible Account which do not remain open for a minimum of three (3) minutes ("Trade Duration Requirement") are considered "gaming the system", bending the rules or churning (frequent buying and selling of contracts that does little to meet the client's investment objective) shall not qualify in a calculation for Round Turn Requirements.

  • Under this Reward Category 1 the Partner shall during the Promotion Period: • Introduce at least 5 customers ; and • The Introduced Customers shall collectively deposit the minimum amount of 5,000 USD, and • The Introduced Customers shall collectively trade at least 200 Effective Round Turn Lots Once all the above Qualification Criteria are met, the Partner will be eligible to receive the amount of 400 USD or the equivalent in NGN as per the rate used by the Company as applicable on the day of the payment.

  • Under this Reward Category 2 the Partner shall during the Promotion Period: • Introduce at least 15 customers, and; • The Introduced Customers shall collectively deposit the minimum amount of 10,000 USD, and • The Introduced Customers shall collectively trade at least 400 Effective Round Turn Lots.

  • Under this Reward Category 4 the Partner shall during the Promotion Period: • Introduce at least 50 customers, and • The Introduced Customers shall collectively deposit the minimum amount of 50,000 USD, and • The Introduced Customers shall collectively trade at least 1,600 Effective Round Turn Lots.


More Definitions of Round Turn

Round Turn. ’ means a closed position (open and close) on the Scope Markets Platform and excludesa fully hedged position where a client may be long and short of the same instrument.
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