Forex trading involves risk. Losses can exceed deposits

Expiry date definition

Forex trading involves risk. Losses can exceed deposits

The point when a trading position automatically closes is known as the expiry date (or expiration date).

Expiry dates are key to futures and options trades, as they involve predicting the movement of a market within a defined period of time. In the case of futures, profit or loss is decided automatically once the expiry date is reached.

Options give the trader the right – but not the obligation – to buy or sell an asset once it reaches a certain price, but only if it reaches that price before the option expires.

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