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Glossary > C > "Close out" Definition

Close out

A futures transaction where an equal and opposite trade closes an open position. This leaves a trader with what is known as a zero net position.

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Close out - A futures transaction where an equal and opposite trade closes an open position. This leaves a trader with what is known as a zero net position.

Close out : a futures transaction where an equal and opposite trade closes an open position. this leaves a trader with what is known as a zero net position.