In terms of time, does "holding positions overnight" in foreign exchange transactions mean holding positions overnight until after 6: 00 Beijing time? What does "night" mean here?
For overnight positions, on the platform of American accounts, overnight interest is charged at 4 pm or 5 pm new york time, because there is an hour time difference between winter time and summer time. After this time, even if you hold a position overnight, your transaction will pay interest or get interest. The British platform is based on Greenwich Mean Time, and some platforms display Beijing time. Just make a specific conversion.