Position P/L are the changes to the Account resulting from all security-related activities (realised and unrealised activities). This includes:
- Unrealised profit/ loss (Account changes resulting from price movements on positions held)
- Realised profit/ loss resulting from closing positions (money earned or lost from the difference between the price at which a security was bought, and the price at which the security was sold)
- Costs related to trading activities (transaction costs, broker commissions and spreads)
- Corporate actions that increase or decrease the quantity or value of a position held
To calculate position P/L requires the Instrument P/L of all positions on the Account:
And the Position P/L is the sum of all Instrument P/L on the account or aggregated accounts:
Position P/L affects the Account Value and is measured for a given period of time. If the Account Value is being measured from year-to-date, then the values shown will be from the beginning of the year to the previous day's end-of-day.