Important Information about the current Jurisdiction change for Traders Read Here

  • Singapore, 1 year 7 months ago
    Proprietary Trading (prop) Weekend Rule softened

    previously trading during weekends wasn’t allowed. as we can not control the exposure during closed markets.
    this rule will be softened to the following:

    Positions can be held during weekends if:

    • they are REASONABLY Sized!
      meaning a large gap will not exceed the max or daily loss.
    • Hedged Positions can be held with any size.
    • no STOP or LIMIT orders of any type.

     

    This change does affect ALL Account types.


    sizing is up to the trader, but if this is stressed, abused or overdone,
    EnFoid will Terminate live account’s with no warning, regardless of the outcome on re-opening.

    make sure you read the updated Rules in detail.


    Original post on the SwingFish Blog