The day order is good until the close of the current day’s market (4 p.m. Eastern Time). If you place the day order when the market is closed, it will remain in effect until the close of the next day of trading. The GTC order is good for 120 days in most cases. Thus, the order will be canceled after 120 days. Forex trading operates 24 hours a day, 5 days a week. Spread betting and CFD trading are leveraged products and as such carry a high level of risk to your capital which can result in losses greater than your initial deposit. Forex trading is, however, accompanied by significant risk. A Leading CFD Provider Offering Online Financial Trading and Investment Services Such as Forex, Shares, Commodities, Metals, Oil and Spread Betting. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. If someone buys an E-mini S&P 500 contract at 2,800, then that single futures contract is worth $140,000 ($50 x 2,800). Therefore, $140,000 is the notional value of that underlying futures contract.
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