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66.0¢ fairfax media limited

Ok, thanks. Appreciate your response. Would have been closed out...

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LuckyPhil99

1,356 Posts.

15

31/03/17

17:10

Post #: 23778039
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Originally posted by HotCopter ↑

The bid/ask on FXJ is half a cent. So if you set a stop at $1.03, then when the stack gets down to $1.03 bid / $1.035 ask then it will stop you out. Now in terms of the physical market (vs CFD), it might not trade to $1.03, but that's not the same with your CFD position which depends on the bid/ask.

Meanwhile, it went well below $1.03 later in the day so moot point. But yeah that's the explanation.

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Ok, thanks. Appreciate your response. Would have been closed out either way.

FXJ Price at posting: $1.03 Sentiment: Hold Disclosure: Not Held
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