Trading Under the FIFO Rule
The FIFO (First-in, First-out) method for trading means that the oldest trade of an instrument will be the first closed, or reduced, when a trade is done in the opposite direction in that same instrument.
Benefits of FIFO Trading
For more detailed information, click on the Chat link above or call 1-201-345-2210.
- FIFO is the trading method currently used by Retail Brokerage Houses, Banks, Futures Markets, and Exchanges Worldwide.
- You may continue to manage your risk using stops and limits under FIFO.
- Simply use the buy and sell buttons to open a trade, close a trade or reverse a position - No more clicking on an individual position to close or reverse it.
Understand some valuable tools and techniques for managing your risk while trading under the new FIFO rules.
Review our slideshow tutorial that provides examples of how to trade under the new FIFO rules, and explanations of how the GTS platform has changed.
Click here to learn more about experiencing platform functionality not affected by the new FIFO ruling.
For more detailed information, click on the Chat link above or call 1-201-345-2210.