What Is Flat/Square ?

2020-08-27 17:25    forextraders

Flat/Square Definition. Flat/Square is dealer jargon used to describe a position that has been completely closed or reversed. For example, if a forex trader bought $200,000, and then sold $200,000 of the same currency, he would thereby create a neutral or “flat” position. One is said to have a flat book in forex if he has no positions or if all long and short positions have been cancelled out. The term “flat” can also apply to trading bonds. In this case, the traded bond does not have accrued interest included in its price, a distinction typically held by bonds in default. Flat money is also a term used to describe a banknote printed by a government as legal tender which is not redeemable and which lacks economic value.

0 traders reviewed this item, please leave a reply!

About FXYEAH | Broker Listing | Contribute | Contact Us | Sitemap | TagCloud
Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.