Rollover

Rollover
Most forex trading happens in the spot market. Any transactions made here are due for settlement in two business days. This date is also known as the value date or delivery. On this date the Parties delivery of currency they buy or sell. Any positions still open at this time are automatically rolled forward to the next value date. Most brokers will do this for you automatically. This must be done so the actual delivery of currency can be avoided, because most of the time you are only interested in making profits from price changes actually do not want that currency delivered.