long and shortForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › long and shortThis topic has 3 replies, 2 voices, and was last updated 9 months ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts March 3, 2024 at 8:11 pm #701872 zaynnnnParticipantTopics: 29Replies: 14☆what is the concept of long and short in futures? March 4, 2024 at 5:28 am #701883 zaynnnnParticipantTopics: 29Replies: 14☆and when do we calculate lock in rate? March 4, 2024 at 8:12 am #701900 John MoffatKeymasterTopics: 57Replies: 54499☆☆☆☆☆‘Long’ is when we buy first and then sell later. ‘Short’ is when we sell first and buy back later. March 4, 2024 at 8:14 am #701901 John MoffatKeymasterTopics: 57Replies: 54499☆☆☆☆☆We use the lock-in rate when dealing in futures. It enables us to estimate in advance the net effect of the basic transaction and the gain or loss on futures.AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In