net position

net position
The difference between total open long and open short positions in any one or all combined futures contract months held by an individual. The CENTER ONLINE Futures Glossary
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The value of the position subtracting the initial cost of setting up the position. For example, if 100 options where purchased for $1 each and the option is currently trading for $9, the value of the net position is $900 - $100 = $800. Bloomberg Financial Dictionary
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The difference between the long open contracts and the short open contracts held in any one commodity. Chicago Mercantile Exchange Glossary

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   The difference between long and short positions held by a dealer in a given market. If a dealer has sold 100 contracts and bought 80 contracts he has a net short position of 20 contracts. Conversely if he has sold 120 contracts and bought 150 contracts he has a net long position of 30 contracts.

Financial and business terms. 2012.

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