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Hedge Newest Position

  1. The Hedge Newest Position (“HNP”) is an exposure protection feature that is provided by the Platform. HNP may be deactivated at any time by contacting the Company here.
  2. HNP applies only after all First Protected Positions are used.
  3. HNP opens a fully hedged position in the opposite direction in an equal amount to the last opened position when the account equity falls below the used margin required for each open position and will continue to apply until all open positions are hedged.
  4. HNP will be triggered as close to the used margin, except in circumstances where the market moves too fast.
  5. HNP will function within market hours and will not be triggered if:
    1. deactivated by a client;
    2. hedging the newest position will increase the exposure; and/or
    3. there is insufficient equity to cover the spread of the newly hedged position.
  6. Trading accounts can be used in parallel with HNP and margin can be topped up.
  7. Hedged positions may be transferred to the next trading date and are subject to the applicable rollover and/or any other fees. 
  8. HNP is compatible with any other trading benefits and offers available from time to time by the Company.

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