On 28th September 2010, around 14:00 GMT, the Google share price was 520.00 (bid) - 521.60 (offer)

You believe the share price of Google will fall so you take a sell position of 100 shares, ($1 per tick), at the bid price of $520.00 per share.

Unfortunately, the price of Google rises，and at around 18:00 GMT, the price of Google was at
528.00 (bid) -529.60 (offer) .

At this point you decide to cut your losses and close the position. You take a buy position of 100 Google shares at the offer price of $529.60 The price you closed at,$529.60 per share,is $9.60 higher than the price you sold initially. You therefore realize a loss of $960 ($9.60 per share X 100 shares).

SUMMARY Open Price $520.00 Close Price $529.60 Difference $9.60 (960 ticks) Loss $960

The cut-off time for all Finance Fees calculations, and also generating statements, is set for all our products to 20:00 GMT when Daylight Saving Time applies in the US and 21:00 GMT when the US changes back to Standard Time. All orders executed before the cut-off time will appear on today's statement. All orders executed after the cut-off time will appear on next day's statement.