Markets & hours

Gap

A gap is a jump in price between one quote and the next, with no trading in between. Gaps often happen when markets reopen after a weekend or after major news, and orders in the gap are filled at the next available price.

Also called: price gap, weekend gap, gapping

Hypothetical example

Hypothetically, EUR/USD closes Friday at 1.1000 and opens Monday at 1.0950. A stop loss at 1.0980 is filled at 1.0950, a 50-pip loss instead of 20.

Used in these guides

Markets & hours8 min read
Forex market hours in Mexico, Colombia, Chile, Peru and Argentina
When the Sydney, Tokyo, London and New York sessions open and close in your local time, and how daylight saving time moves them.
Costs & risk8 min read
Stop loss and take profit
How stop loss and take profit orders close a position automatically, how to read the distance in pips and money, and their limits.
Basics8 min read
Order types: market, limit and stop orders
How market and pending orders work, when each one fills, and what can make the fill price differ from the price you set.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money.

Gap

Hypothetical example

Related terms

Used in these guides

Forex market hours in Mexico, Colombia, Chile, Peru and Argentina

Stop loss and take profit

Order types: market, limit and stop orders