Common use of Long Position Clause in Contracts

Long Position. for FX and CFD trading shall mean a buy position that appreciates in value if underlying market prices increase. For example, in respect of Currency Pairs: buying the Base Currency against the Quote Currency. Lot: A unit measuring the transaction size specified for each Financial Instrument found in the Contract Specifications.

Appears in 2 contracts

Sources: CFDS Customer Agreement, CFDS Customer Agreement