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Rollover short position

Started by mf-tzo, November 18, 2014, 02:27:24 PM

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mf-tzo

#3
November 18, 2014, 03:14:14 PM
Thanks BM.

So the position will be closed and repay the debt based on the market feed correct? But when exactly? when for example it says 1 day at what time it will close automatically?
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bytemaster

#2
November 18, 2014, 02:49:14 PM
No matter what you do your short position will be closed and will have to be entered again.  You can probably place a low interest rate and have it matched when the large order is covered in a week.   The very high interest rates are for very small quantities.
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mf-tzo

#1
November 18, 2014, 02:27:24 PM
I have an open short position soon expiring and I want to rollover. How can I do that? If I let it expire without covering what exactly will happen? If I cover and try to re-open a short position this will not get actioned unless I offer a ridiculously high interest correct?
So what should I do? Please advise...
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