Overnight position

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Revision as of 15:38, 15 September 2005 by Rhody Trader (Talk | contribs)
Any trade that is active from one trading day to the next.

Holding a trade overnight usually means maintaining a position with market exposure when the market in question is closed. Overnight positions as a result carry a higher degree of risk, and are therefore subject to higher margin requirements dictated by the exchange, as opposed to daytrade margin which is lower.