Fully versus partially hedged
የመሣሪያ፣ የሞባይል ዳታ እና የግንኙነት አውድ: ይህ መመሪያ ለኢትዮጵያ የመዳረሻ ሁኔታ ተዘጋጅቷል።
| Positions | Hedged portion | Margin held |
|---|---|---|
| Buy 1.0 / Sell 1.0 | 1.0 lot | 0% on matched portion |
| Buy 1.0 / Sell 0.4 | 0.4 lot | Margin on unmatched 0.6 lot |
| Buy 1.0 only | None | Full margin under current rules |
| Different symbols | Not a broker hedge | Each symbol margin independently |
Economic cost worksheet
Net hedge cost includes both entry spreads, both account commissions where applicable, swap/admin fees for each overnight side, conversion and eventual exit execution. A locked floating P/L can still deteriorate through holding costs.
Unhedging risk
| Event | What changes | Risk control |
|---|---|---|
| Close one side | Other side becomes unmatched | Calculate required margin first |
| HMR begins | Unmatched margin rises | Stress at HMR leverage |
| Connection drops | Close confirmation uncertain | Check tickets/history before retry |
| Spread widens | Equity can fall on both legs | Maintain buffer |
| Overnight fee applies | Balance/equity falls | Check both legs and current status |
Why a hedged order may not close
If closing one side would unhedge the remaining order and free margin cannot support its current/HMR margin, the close may be rejected. Before closing, calculate the remaining unmatched volume and its full required margin.
Connection-safe close plan
- Record both ticket numbers and volumes.
- Calculate margin after closing each possible side.
- Choose close sequence before action.
- Submit one close request.
- Verify Orders/History before next request.
- Recalculate remaining exposure and SL.
ኦፊሴላዊ ምንጮች
Hedged-order rules and close failure · Margin formulas
ተደጋጋሚ ጥያቄዎች
Fully hedged means zero loss?
No. It only changes matched margin; costs and existing P/L remain.
Why can’t I close one leg?
The remaining unhedged leg may require more margin than free margin supports.
Different correlated symbols count as hedge?
Not for broker hedged-margin treatment; each exact symbol is margined separately.
Hedge during weak connection safe ነው?
It adds tickets and close-sequence risk; document and test on demo first.