Definition
Overnight holding
Keeping positions open past the daily session close — restricted mainly at futures firms.
Forex prop firms mostly allow overnight positions (swap applies); futures firms often require flat before the exchange close, with force-close or breach consequences.
Overnight rules interact with the daily-loss reset: a position carried through the reset counts against the NEW day's limit from its reset-time value.
Related terms
General industry definitions — individual firms define terms differently in their own ToS; the decoded rulebook for each firm is the source of truth. Educational, not financial advice.