What is a gap? How does it affect my position?

A Gap refers to a price range where no trading occurred while the market was closed, even though the underlying asset's real-world price may still move due to news or events. When the market reopens, the price may jump directly to a new level rather than moving continuously from where it closed.

If you hold a position in a traditional instrument over a market closure, a gap can affect your position in the following ways:

• The sudden price movement at market open may cause your margin ratio to change rapidly, potentially triggering a Margin Call or forced liquidation
• If you have Take Profit/Stop Loss orders set, they may execute at the actual post-gap price rather than your preset price.

We recommend assessing your position risk before the market closes. If you're concerned about price movement during the closure, consider reducing your position or adding margin in advance.

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