Markets closed-left positions....your views

Dereck79

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Hello all
since yesterday was the last dealing day, was "playing" with DAX and had two positions on that index
the market as you all know closed and my bets are still there (currently i am in loss "mode")

very risky since i have no idea when it will be open and how tis will go..very risky i know

i know that there is a different index tomorrow called sunday germany 30..but this is like a different bet


i hope i can have a minimum loss cos last week went quite good apart from my spread betting on DAX :(
 
Assuming you mean spreadbets, your SB firm's website should have their trading hours on the instrument you're in somewhere, but it can be a bit of a hunt.

Sunday hours will be different to weekdays, e.g. Capital Spreads Sunday trading on DAX (Rolling) starts at 10:05pm. It then runs until 9:00pm Friday but there are breaks in trading 9:15-9:30pm 10:00-10:59pm Mon-Thur: its unclear in the blurb whether these breaks are also applied on a Sunday night. During the 'closed' periods you can add or edit orders and use charts but not open or close positions. There can also be spasmodic periods on a day when you can only enter instructions by phone, not via the trading platform online.

Other SB firms will probably offer different hours on their instruments, even on the same one the DAX. Bear in mind, you're trading with the SB firm, not with the German stock exchange, so the trading hours in Frankfurt are not your limits.
 
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