Calculating Your Daily PnL

To calculate your daily profit and loss (PnL) at the end of the day, Rithmic uses the official settlement price provided by the CME Group on its website at the start of the trading day.

Overnight Positions

Positions held overnight (remaining open past market close) are subject to a different "cost basis" (original purchase/sale price). The profit or loss from these positions is added to or subtracted from your cash balance.

New Trading Day

Your profit and loss (PnL) reset to zero at the start of each new trading day.

Note: Some instruments, such as the Nasdaq, begin their new day at 5:45 PM Central Time (CT) instead of the standard 4:45 PM CT. It's essential to verify the details for each product.

Example

Let’s say you bought a contract worth $10,000 and held onto it overnight. By the next trading day, it appreciated by $50. This means your account balance would increase to $10,050.

At 5:45 PM CT, that $50 profit gets added to your cash, and your profit and loss (P&L) reset for the new day.

Note: Your daily profit and loss (P&L) before the close of the trading day is based on the closing price, not the official settlement price. So, you might see a slight difference when the settlement price is finally determined.

Check out our updated Overnight Positions policy and our trading schedule through these links:

• Overnight Positions
• What is the permitted trading schedule?