Open positions on the ''Expiration' date will be closed during market break at our bid/offer price from market close at approximately 17:00 EST * All pending Entry orders and Stop/Limit orders that are associated with the expiring contract will be cancelled. When a contract expires any floating P/L at the time will be realized. * Expiration price is taken from 15 minutes earlier on Fridays as market close is at approximately 16:45 EST Bund Expiration price is always taken from one hour earlier as market close for BUND is at approximately 16:00 EST Daily.
The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.
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