Hedge rotation for bullion dealers on MetaTrader 5
Rotation,
done right.
Every dealer who hedges on MT5 must rotate the hedge every few days. By hand the two legs land seconds apart, and every second costs money. Close By fires both legs milliseconds apart and writes every rotation to a tamper-evident record.
- 0 msbetween the two legsbetween legs
- ≈0rotations per account, one quarterrotations / account / qtr
- ≈$0ksaved per account, one quarter*saved / account / qtr*
What Close By does
0.0 sA hedge rotation is three orders: open a new buy, open a lock sell, then close the old buy by that sell. Exposure never changes. The only cost is the price gap between the two legs, and that gap grows every second a human needs between clicks.
0 s10 s20 s30 s40 s
By hand$0.17/oz
New buyBuy
Lock sellSell
Close byClose
Close By$0.17/oz
New buy → Lock sell → Close byBuy → Sell → Close 24 ms
See the maths for 1 lot
| Per rotation of 1 lot · 100 oz | per oz | per lot |
|---|---|---|
| Spread, paid by anyone | $0.17 | $17 |
| Price drift while the dealer clicks (0 s × $0.02/oz) | $0.00 | $0 |
| By hand | $0.17 | $17 |
| Close By | $0.17 | $17 |
| Saved on this rotation | $0.00 | $0 |
Measured over three months on one dealer's accounts: about 116 rotations per account, $0.22 to $1.95 per oz lost to delay, roughly $21k saved per account at machine speed.*