The 1 Day Change is derived from the real-time Account Value, relative to the previous day's end-of-day Account Value, excluding closing costs.
Cost To Close
The real-time Account Value includes the cost to close positions, however, these costs are not incorporated in the historical Account Value from the previous day. To calculate the 1-day change, the Account Value is adjusted for the costs to close - such as commission, exchange fees, stamp duty etc. These closing costs include:
- Actual costs incurred in closing a position
- Estimated costs associated with closing a position, were an open position to close at current market prices
The costs to close for a selected position. can be viewed in Position Details:
And the sum of the costs to close can be viewed in Account Details:
The costs to close are calculated as:
1 Day Change
The 1-day change is then calculated as the change in Account Value (the difference between the current day's Account Value and the previous day's Account Value), excluded closing costs: