Penn Street Farmers Market

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Day: December 9, 2020

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A Guide to Understand the Forex Rollover

A Guide to Understand the Forex Rollover

A Forex rollover refers to a process by which an open position extends the settlement time. In many currency trading businesses, investors are required to take the delivery of their currencies two days after their transaction. But this rollover means you can close the current position simultaneously at the regular closing rate and re-join at a newer rate on the following day. This is how traders extend their settlement duration by a day.

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