Examples of Trading Close in a sentence
If a Stop Loss Trigger Event occurs then a Holder’s Underlying Shares will be sold and, where Holders do not sell their CitiFirst Instalment MINIs on ASX before the Stop Loss Trading Close, the proceeds of sale of the Underlying Shares will be applied by the Trustee in repayment of the Loan and nothing further will be payable under the Loan.
If a Stop Loss Trigger Event occurs, trading in the relevant CitiFirst Instalment MINI will halt and then trading will resume temporarily from 2pm on the Trading Day after the Stop Loss Trigger Event occurs until the Stop Loss Trading Close.
The Trading Hours (and therefore the Trading Close) is shown in the Market Information for each relevant CFD.
In this PDS, a reference to holding a position “overnight” means any Open Position you hold at Trading Close.
At Trading Close on the Expiry date of the relevant near month contract, all pending orders in the contract will be cancelled from the Trading Platform.
Should you want to maintain that order in the Trading Platform after Trading Close, you will have to resubmit that order.
A Day order means that the order you place will be cancelled at Trading Close.
At Trading Close on the Expiry date of the relevant near month Commodity contract, all pending orders in this contract will be cancelled from the Trading Platform software.
Cryptocurrency CFD positions carried overnight (ie.Open Positions as at Trading Close for the relevant CFD) will incur a Daily Financing Fee for the total notional value of the position at the relevant SFA Financing Rate.
For example, the Market Information containsinformation such as margin factors, spreads, Expiries, Daily Financing Fees and Trading Hours (noting that you may be subject to Daily Financing Fees on Open Positions at Trading Close).