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BUY ME OUT

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New Buy me out Feature

This new feature is a very powerful addition to our suite of trading tools. It allows traders to sell their option before the expiry actually arrives. However, it’s not available at all times but rather only up to a certain point prior to the expiry of their investment which is Up to 1 hour before the option expires.

This feature not only adds a dynamic edge to the trading platform, but also helps the trader to limit and reduce their loss and allows them to secure their profits early.

 

When the feature is available for your trade, it will be a dark shade of gray and will be seen in the “sell” column in your OPEN POSITIONS window. To find the open positions, you simply click on the OPEN POSITIONS button at the top of the screen or look below the trading windows on the trading platform. See the green rectangle below for the exact location of the feature.

Open-Positions - Buy Me Out

If the trader wants to exit his option before it expires, he should simply click on the ”Sell” button, which is the last button on the far right (to the right of the chart button and it says  “SELL”. Once clicked, the trading system will offer a price to close the trade at that time. The trader can sell the position, both if it is profitable or not at that time.

 

The message will look as follows:

approve buy me out

You will have time of a 3 seconds to either APPROVE or CANCEL.

The price you see if the total return you will receive by selling the position early. 

The feature is available on all of the below assets and from time to time we add the feature to new assets as well. (this list is therefore not complete but rather ever expanding)

 

Assets available for using Buy Me Out:

 

FOREX PAIRS: EUR/USD   AUD/USD   GBP/USD   USD/CHF   EUR/JPY   USD/CAD

 

COMMODITIESGOLD   GOLD/EUR   OIL   SILVER

 

STOCKS: APPLE  CITIGROUP   FACEBOOK   GOOGLE   MACDONALDS

 

INDICES:  CAC FUTURE   DAX FUTURE   DOW      IBEX FUTURE   NASDAQ  S&P500                   TADAWUL

 

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