FX Rollover
The positions held at 22:00 London Time are rolled to the next business day by adding or substracting a certain amount of money depending on the interest rates of the currencies involved.
Example:
Long position opened on EURUSD.
You get the interest rate of EUR and pay the rate of USD. If the rate of EUR is higher, normally you would get the swap points.
Currency pairs |
Swap rates * |
Long position |
Short position |
eurusd |
-0.04 |
-0.58 |
gbpusd |
-0.05 |
-0.58 |
nzdusd |
0.05 |
-0.98 |
audusd |
0.77 |
-1.84 |
usdchf |
-0.05 |
-0.35 |
eurchf |
-0.04 |
-0.69 |
gbpchf |
-0.05 |
-0.58 |
cadchf |
0.15 |
-1.32 |
audchf |
0.77 |
-1.84 |
usdjpy |
-0.35 |
-0.35 |
eurjpy |
-0.05 |
-0.58 |
gbpjpy |
-0.05 |
-0.58 |
audjpy |
0.43 |
-1.50 |
chfjpy |
-0.46 |
-0.30 |
cadjpy |
-0.05 |
-0.58 |
nzdjpy |
0.20 |
-0.86 |
eurcad |
-0.58 |
-0.15 |
usdcad |
-0.58 |
-0.05 |
gbpcad |
-0.58 |
-0.05 |
audcad |
0.60 |
-1.55 |
eurgbp |
-0.18 |
-0.38 |
euraud |
-2.19 |
0.98 |
gbpaud |
-2.36 |
1.11 |
audnzd |
0.30 |
-1.27 |
eurnzd |
-1.55 |
0.51 |
gbpnzd |
-1.78 |
0.60 |
eurnok |
-4.14 |
1.52 |
usdnok |
-3.80 |
1.96 |
usdsgd |
-0.27 |
-0.47 |
eursek |
-5.18 |
1.47 |
usdsek |
-4.60 |
1.87 |
noksek |
-0.82 |
-0.73 |
usddkk |
-1.57 |
-0.26 |
usdzar |
-12.19 |
7.31 |
xauusd |
-3.00 |
0.10 |
xagusd |
-1.75 |
-1.75 |
(Valid from 01.07.2011)
(*) Exposures from Wednesday to Thursday are swapped to the next settlement date by debiting/ crediting financial instrument account based on three-day swap.