Swap Rates

Forex positions held until their Value Date, and Interest on Unrealised Profit/Loss

Tom/Next rollover

Time of rollover
Open Spot Forex positions held at the end of a Trading Day at 17:00 New York local time will be rolled over to a new Value Date on a Tom/Next basis immediately after the change of trading day, approximately at 03:00 CET*.

*Currencies subject to special market conditions will be rolled over to a new Value Date on a Tom/Next basis approximately at 10:00 CET.

The Tom/Next credit/debit
As part of the Tom/Next rollover operation, FX positions are subject to a swap charge or credit. The calculated swap charge or credit are referred to as “Swap Point” and are added to/deducted from each FX position’s original traded rate.

The Swap Points are calculated as follows:
A proprietary Tom/Next swap rate is calculated based on a number of factors, including the interest rate* differential between the traded currencies and a Tom/Next swap feed from a Tier-1 bank. The relevant mark-up/down applicable to the client relationship is subsequently added/subtracted. The final rate is used to adjust the original traded rate.

* = Daily market overnight interest rates are used.

Interest on unrealised profit and loss:

Any unrealised profit or loss on the position being rolled is subject to an interest credit or debit.

Calculation of profit or loss:
The unrealised profit and loss is calculated as the difference between original trade rate (possibly corrected for previous Tom/Next rollovers) and the rate of the traded currency cross at 17:00 New York local time.

* For currencies subject to special market conditions the rate of the traded currency cross at 08:15 CET will be applied.

Applicable rate:
The rate is calculated based on daily market overnight interest rates plus/minus the mark-up/down applicable to the client relationship. The final rate is used to adjust the original traded rate.

Total Tom/Next overnight charge:

The total Tom/Next overnight credit/debit is the sum of the two above final rates.

Swap rates

Forex Cross Value Dates Swap Points
From To Long Positions Short Positions
AUDCAD 25-Feb-2019 26-Feb-2019 0.000034 -0.00002
AUDJPY 25-Feb-2019 26-Feb-2019 -0.0009 -0.0057
AUDNZD 25-Feb-2019 26-Feb-2019 0.000056 -0.000008
AUDUSD 25-Feb-2019 26-Feb-2019 0.000043 0.000001
CADCHF 25-Feb-2019 26-Feb-2019 -0.000029 -0.000072
CADJPY 25-Feb-2019 26-Feb-2019 -0.0018 -0.0065
CHFJPY 25-Feb-2019 26-Feb-2019 0.0052 -0.0013
CHFNOK 25-Feb-2019 26-Feb-2019 0.000637 0.000134
EURAUD 25-Feb-2019 26-Feb-2019 0.000124 0.000032
EURCAD 25-Feb-2019 26-Feb-2019 0.000124 0.000046
EURCHF 25-Feb-2019 26-Feb-2019 0.00002 -0.000044
EURCZK 25-Feb-2019 26-Feb-2019 0.00214 0.00062
EURDKK 25-Feb-2019 26-Feb-2019 0.000146 -0.000255
EURGBP 25-Feb-2019 26-Feb-2019 0.000048 0.000004
EURJPY 25-Feb-2019 26-Feb-2019 0.0043 -0.0026
EURNOK 25-Feb-2019 26-Feb-2019 0.000598 0.00007
EURSEK 25-Feb-2019 26-Feb-2019 0.00031 -0.000234
EURUSD 25-Feb-2019 26-Feb-2019 0.000121 0.000061
GBPAUD 25-Feb-2019 26-Feb-2019 0.000087 -0.000017
GBPCAD 25-Feb-2019 26-Feb-2019 0.00009 0.000002
GBPCHF 25-Feb-2019 26-Feb-2019 -0.000017 -0.000089
GBPDKK 25-Feb-2019 26-Feb-2019 -0.000092 -0.000548
GBPJPY 25-Feb-2019 26-Feb-2019 0.0006 -0.0072
GBPNOK 25-Feb-2019 26-Feb-2019 0.000348 -0.000252
GBPNZD 25-Feb-2019 26-Feb-2019 0.000133 0.00003
GBPSEK 25-Feb-2019 26-Feb-2019 -0.000012 -0.00063
GBPSGD 25-Feb-2019 26-Feb-2019 0.000116 0.000019
GBPUSD 25-Feb-2019 26-Feb-2019 0.000099 0.000032
NOKSEK 25-Feb-2019 26-Feb-2019 -0.000003 -0.000063
NZDCAD 25-Feb-2019 26-Feb-2019 0.000011 -0.000039
NZDCHF 25-Feb-2019 26-Feb-2019 -0.000036 -0.000077
NZDJPY 25-Feb-2019 26-Feb-2019 -0.0027 -0.0071
NZDUSD 25-Feb-2019 26-Feb-2019 0.000024 -0.000014
USDCAD 22-Feb-2019 25-Feb-2019 0.00001 -0.000197
USDCHF 25-Feb-2019 26-Feb-2019 -0.000062 -0.000119
USDCZK 25-Feb-2019 26-Feb-2019 0.00009 -0.00127
USDDKK 25-Feb-2019 26-Feb-2019 -0.000396 -0.000755
USDJPY 25-Feb-2019 26-Feb-2019 -0.005 -0.0112
USDNOK 25-Feb-2019 26-Feb-2019 -0.00016 -0.000633
USDSEK 25-Feb-2019 26-Feb-2019 -0.000473 -0.00096
USDSGD 25-Feb-2019 26-Feb-2019 0.000022 -0.000055
NOKJPY 25-Feb-2019 26-Feb-2019 0.00002 -0.00072
USDPLN 25-Feb-2019 26-Feb-2019 -0.000001 -0.000221
SGDJPY 25-Feb-2019 26-Feb-2019 -0.0026 -0.0075
USDZAR 25-Feb-2019 26-Feb-2019 0.002262 0.000886
CHFSEK 25-Feb-2019 26-Feb-2019 0.000393 -0.000128
CHFDKK 25-Feb-2019 26-Feb-2019 0.000212 -0.00017
EURPLN 25-Feb-2019 26-Feb-2019 0.000345 0.000098
USDHKD 25-Feb-2019 26-Feb-2019 -0.000197 -0.000613
USDKRW 25-Feb-2019 26-Feb-2019 -0.0396 -0.1036
USDMYR 25-Feb-2019 26-Feb-2019 0.000001 0
USDMXN 25-Feb-2019 26-Feb-2019 0.004062 0.002172
USDPHP 22-Feb-2019 26-Feb-2019 0.03044 0.00399
USDTHB 25-Feb-2019 26-Feb-2019 0.00486 -0.00456
USDTWD 25-Feb-2019 26-Feb-2019 -0.00106 -0.00283
USDIDR 25-Feb-2019 26-Feb-2019 2.98 2.13
USDAED 25-Feb-2019 26-Feb-2019 -0.000046 -0.000337
NOKDKK 25-Feb-2019 26-Feb-2019 -0.000009 -0.000054
SEKDKK 25-Feb-2019 26-Feb-2019 0.000012 -0.000027
EURHUF 25-Feb-2019 26-Feb-2019 0.0123 -0.0068
EURNZD 25-Feb-2019 26-Feb-2019 0.000166 0.000075
EURZAR 25-Feb-2019 26-Feb-2019 0.00383 0.002283
USDBRL 25-Feb-2019 26-Feb-2019 0.001351 -0.000333
USDHUF 25-Feb-2019 26-Feb-2019 -0.0115 -0.0286
USDINR 25-Feb-2019 26-Feb-2019 0.006052 0.00176
USDCNY 25-Feb-2019 26-Feb-2019 -0.000231 -0.000618
SEKJPY 25-Feb-2019 26-Feb-2019 0.00037 -0.00029
EURMXN 25-Feb-2019 26-Feb-2019 0.006352 0.004225
CADDKK 25-Feb-2019 26-Feb-2019 -0.000183 -0.000452
AUDDKK 25-Feb-2019 26-Feb-2019 -0.000123 -0.000404
NZDDKK 25-Feb-2019 26-Feb-2019 -0.000227 -0.000483
PLNJPY 25-Feb-2019 26-Feb-2019 -0.00041 -0.00215
PLNDKK 25-Feb-2019 26-Feb-2019 -0.000049 -0.000153
HKDDKK 25-Feb-2019 26-Feb-2019 -0.000006 -0.000054
SGDDKK 25-Feb-2019 26-Feb-2019 -0.000225 -0.000509
DKKJPY 25-Feb-2019 26-Feb-2019 0.00073 -0.00024
USDILS 25-Feb-2019 26-Feb-2019 -0.000114 -0.000321
EURSGD 25-Feb-2019 26-Feb-2019 0.000147 0.000062
AUDCHF 25-Feb-2019 26-Feb-2019 -0.00002 -0.000065
GBPZAR 25-Feb-2019 26-Feb-2019 0.00385 0.002087
AUDHKD 25-Feb-2019 26-Feb-2019 0.000049 -0.000277
GBPHKD 25-Feb-2019 26-Feb-2019 0.00025 -0.000278
NZDNOK 25-Feb-2019 26-Feb-2019 -0.000054 -0.000391
EURHKD 25-Feb-2019 26-Feb-2019 0.000487 0.000022
CADNOK 25-Feb-2019 26-Feb-2019 0.000032 -0.000323
CHFPLN 25-Feb-2019 26-Feb-2019 0.000353 0.000118
GBPHUF 25-Feb-2019 26-Feb-2019 0.0031 -0.0187
EURAED 25-Feb-2019 26-Feb-2019 0.000279 -0.000047
XAUUSD 25-Feb-2019 26-Feb-2019 0.1363 0.0534
XAGUSD 25-Feb-2019 26-Feb-2019 0.001815 0.000524
NZDSGD 25-Feb-2019 26-Feb-2019 0.000024 -0.000031
GBPPLN 25-Feb-2019 26-Feb-2019 0.000246 -0.000035
HKDJPY 25-Feb-2019 26-Feb-2019 0.000087 -0.000697
USDRUB 22-Feb-2019 25-Feb-2019 0.036383 0.018462
AUDCZK 25-Feb-2019 26-Feb-2019 0.00061 -0.00045
AUDHUF 25-Feb-2019 26-Feb-2019 -0.0014 -0.0147
AUDPLN 25-Feb-2019 26-Feb-2019 0.000092 -0.00008
AUDSGD 25-Feb-2019 26-Feb-2019 0.000048 -0.000012
CHFCZK 25-Feb-2019 26-Feb-2019 0.00218 0.00074
CHFHUF 25-Feb-2019 26-Feb-2019 0.0144 -0.0037
CHFZAR 25-Feb-2019 26-Feb-2019 0.003553 0.002127
DKKCZK 25-Feb-2019 26-Feb-2019 0.00032 0.0001
DKKHUF 25-Feb-2019 26-Feb-2019 0.0021 -0.0007
DKKTHB 25-Feb-2019 26-Feb-2019 0.0012 -0.0003
DKKZAR 25-Feb-2019 26-Feb-2019 0.000533 0.000318
EURTHB 25-Feb-2019 26-Feb-2019 0.00834 -0.00232
GBPCZK 25-Feb-2019 26-Feb-2019 0.00157 -0.00016
GBPTHB 25-Feb-2019 26-Feb-2019 0.008347 -0.003866
NZDCZK 25-Feb-2019 26-Feb-2019 0.0002 -0.00076
NZDHUF 25-Feb-2019 26-Feb-2019 -0.006 -0.0182
NZDPLN 25-Feb-2019 26-Feb-2019 0.000024 -0.000133
NZDSEK 25-Feb-2019 26-Feb-2019 -0.000262 -0.00061
NZDTHB 25-Feb-2019 26-Feb-2019 0.003488 -0.002954
EURTRY 25-Feb-2019 26-Feb-2019 0.004359 0.003749
USDTRY 22-Feb-2019 25-Feb-2019 0.010245 0.008621
GBPAED 25-Feb-2019 26-Feb-2019 0.0002 -0.0002
GBPMXN 25-Feb-2019 26-Feb-2019 0.00654 0.004117
XAUEUR 25-Feb-2019 26-Feb-2019 0.026 -0.0461
XAUJPY 25-Feb-2019 26-Feb-2019 4.53 -5.02
XAGEUR 25-Feb-2019 26-Feb-2019 0.000474 -0.000653
XAGJPY 25-Feb-2019 26-Feb-2019 0.0747 -0.0727
XAUAUD 25-Feb-2019 26-Feb-2019 0.1387 0.0119
PLNSEK 25-Feb-2019 26-Feb-2019 -0.000046 -0.000187
XAGAUD 25-Feb-2019 26-Feb-2019 0.002 -0.0001
ZARJPY 25-Feb-2019 26-Feb-2019 -0.001 -0.0019
SGDPLN 25-Feb-2019 26-Feb-2019 0.000039 -0.000135
TRYDKK 25-Feb-2019 26-Feb-2019 -0.000773 -0.000902
XAGHKD 25-Feb-2019 26-Feb-2019 0.00787 -0.002353
XAUHKD 25-Feb-2019 26-Feb-2019 0.5366 -0.1216
AUDTRY 25-Feb-2019 26-Feb-2019 0.002557 0.002152
CADTRY 22-Feb-2019 25-Feb-2019 0.008029 0.006807
CHFTRY 25-Feb-2019 26-Feb-2019 0.003909 0.003348
CHFSGD 25-Feb-2019 26-Feb-2019 0.000147 0.000066
GBPTRY 25-Feb-2019 26-Feb-2019 0.004801 0.004106
NZDTRY 25-Feb-2019 26-Feb-2019 0.002352 0.001975
NZDZAR 25-Feb-2019 26-Feb-2019 0.001622 0.000665
MXNJPY 25-Feb-2019 26-Feb-2019 -0.001061 -0.00164
TRYJPY 25-Feb-2019 26-Feb-2019 -0.0127 -0.0149
AUDZAR 25-Feb-2019 26-Feb-2019 0.001943 0.000914
CADPLN 25-Feb-2019 26-Feb-2019 0.000067 -0.000099
CADMXN 25-Feb-2019 26-Feb-2019 0.003412 0.001991
SGDHKD 25-Feb-2019 26-Feb-2019 -0.000065 -0.000395
AUDSEK 25-Feb-2019 26-Feb-2019 -0.00011 -0.000493
USDRON 25-Feb-2019 26-Feb-2019 0.000458 0.000106
EURRON 25-Feb-2019 26-Feb-2019 0.000899 0.000503
GBPILS 25-Feb-2019 26-Feb-2019 0.000085 -0.000178
ILSDKK 25-Feb-2019 26-Feb-2019 0.000005 -0.000104
MXNDKK 25-Feb-2019 26-Feb-2019 -0.000073 -0.000097
NZDMXN 25-Feb-2019 26-Feb-2019 0.002876 0.001561
AUDNOK 25-Feb-2019 26-Feb-2019 0.000094 -0.000275
CHFMXN 25-Feb-2019 26-Feb-2019 0.005842 0.003883
AUDMXN 25-Feb-2019 26-Feb-2019 0.003349 0.001935
EURRUB 25-Feb-2019 26-Feb-2019 0.019692 0.012975
XAGDKK 25-Feb-2019 26-Feb-2019 0.001628 -0.004199
XAUDKK 25-Feb-2019 26-Feb-2019 0.1196 -0.3604
CZKPLN 25-Feb-2019 26-Feb-2019 0.000005 -0.000006
PLNHUF 25-Feb-2019 26-Feb-2019 -0.0006 -0.0056
CADSEK 25-Feb-2019 26-Feb-2019 -0.000191 -0.000557
HUFJPY 25-Feb-2019 26-Feb-2019 0.000012 -0.000014
TRYZAR 25-Feb-2019 26-Feb-2019 -0.001104 -0.001406
XAUGBP 25-Feb-2019 26-Feb-2019 0.0527 -0.0094
EURILS 25-Feb-2019 26-Feb-2019 0.000198 -0.000034
AUDILS 25-Feb-2019 26-Feb-2019 0.000006 -0.000155
CHFHKD 25-Feb-2019 26-Feb-2019 0.000529 0.000084
CHFILS 25-Feb-2019 26-Feb-2019 0.00022 -0.000012
CZKHKD 25-Feb-2019 26-Feb-2019 0.000002 -0.00002
CZKNOK 25-Feb-2019 26-Feb-2019 0.000005 -0.00002
CZKSEK 25-Feb-2019 26-Feb-2019 -0.000008 -0.000034
CZKSGD 25-Feb-2019 26-Feb-2019 0.000002 -0.000003
CZKZAR 25-Feb-2019 26-Feb-2019 0.000109 0.000063
HKDHUF 25-Feb-2019 26-Feb-2019 0.000387 -0.00181
HKDMXN 25-Feb-2019 26-Feb-2019 0.000605 0.000443
HKDNOK 25-Feb-2019 26-Feb-2019 0.000037 -0.000025
HKDNZD 25-Feb-2019 26-Feb-2019 0.000014 0.000002
HKDPLN 25-Feb-2019 26-Feb-2019 0.000026 -0.000004
HKDSEK 25-Feb-2019 26-Feb-2019 0.000002 -0.000062
HKDZAR 25-Feb-2019 26-Feb-2019 0.000352 0.000233
HUFCZK 25-Feb-2019 26-Feb-2019 0.000007 0
HUFMXN 25-Feb-2019 26-Feb-2019 0.000019 0.000013
HUFNOK 25-Feb-2019 26-Feb-2019 0.000002 -0.000001
HUFSEK 25-Feb-2019 26-Feb-2019 0.000001 -0.000002
HUFSGD 25-Feb-2019 26-Feb-2019 0.000001 0
HUFZAR 25-Feb-2019 26-Feb-2019 0.000012 0.000007
ILSJPY 25-Feb-2019 26-Feb-2019 0.000695 -0.00126
ILSNZD 25-Feb-2019 26-Feb-2019 0.00003 0.000003
NOKPLN 25-Feb-2019 26-Feb-2019 0.000021 -0.000006
NOKSGD 25-Feb-2019 26-Feb-2019 0.00001 0
NOKZAR 25-Feb-2019 26-Feb-2019 0.000313 0.000202
SEKSGD 25-Feb-2019 26-Feb-2019 0.000014 0.000005
SEKZAR 25-Feb-2019 26-Feb-2019 0.000331 0.000233
SGDZAR 25-Feb-2019 26-Feb-2019 0.001644 0.00093
XAGGBP 25-Feb-2019 26-Feb-2019 0.000773 -0.0002
CZKJPY 25-Feb-2019 26-Feb-2019 -0.000077 -0.000383
NOKTRY 25-Feb-2019 26-Feb-2019 0.000416 0.000371
SEKTRY 25-Feb-2019 26-Feb-2019 0.000399 0.00036
TRYCZK 25-Feb-2019 26-Feb-2019 -0.002459 -0.002782
AUDCNH 25-Feb-2019 26-Feb-2019 0.000242 -0.000048
CADCNH 25-Feb-2019 26-Feb-2019 0.000205 -0.000074
CHFCNH 25-Feb-2019 26-Feb-2019 0.000734 0.000339
EURCNH 25-Feb-2019 26-Feb-2019 0.000736 0.000322
GBPCNH 25-Feb-2019 26-Feb-2019 0.000581 0.00011
HKDCNH 25-Feb-2019 26-Feb-2019 0.000059 0.000011
NOKCNH 25-Feb-2019 26-Feb-2019 0.00005 0.000004
NZDCNH 25-Feb-2019 26-Feb-2019 0.000119 -0.000145
SEKCNH 25-Feb-2019 26-Feb-2019 0.000067 0.000027
USDCNH 25-Feb-2019 26-Feb-2019 0.000113 -0.000258
CNHJPY 25-Feb-2019 26-Feb-2019 -0.000553 -0.001501
XAUTHB 25-Feb-2019 26-Feb-2019 9.62 -3.29
XAUTRY 25-Feb-2019 26-Feb-2019 5.0723 4.2818
XPDUSD 25-Feb-2019 26-Feb-2019 -0.0773 -0.5368
XPTUSD 25-Feb-2019 26-Feb-2019 0.1213 -0.0118
CHFRON 25-Feb-2019 26-Feb-2019 0.000846 0.000478
XAUCHF 25-Feb-2019 26-Feb-2019 0.0185 -0.0693
XAGCHF 25-Feb-2019 26-Feb-2019 0.000406 -0.000944
XAUXAG 25-Feb-2019 26-Feb-2019 0.0037 -0.0041
XPTEUR 25-Feb-2019 26-Feb-2019 0.048 -0.0687
USDCLP 22-Feb-2019 25-Feb-2019 0.208 0.0936
XPDDKK 25-Feb-2019 26-Feb-2019 0.059473 -0.405954
XPTDKK 25-Feb-2019 26-Feb-2019 0.0347 -0.2364
CNHDKK 25-Feb-2019 26-Feb-2019 -0.000047 -0.000103
XAURUB 25-Feb-2019 26-Feb-2019 22.7502 13.9343
XPTZAR 25-Feb-2019 26-Feb-2019 3.27 0.87
CADSGD 25-Feb-2019 26-Feb-2019 0.000041 -0.000017
XAUCNH 25-Feb-2019 26-Feb-2019 0.8322 0.2501
CADHKD 25-Feb-2019 26-Feb-2019 -0.000009 -0.000322
AUDAED 25-Feb-2019 26-Feb-2019 0.000056 -0.000165
CADRON 25-Feb-2019 26-Feb-2019 0.000421 0.000155
CHFRUB 25-Feb-2019 26-Feb-2019 0.017096 0.013071
GBPRON 25-Feb-2019 26-Feb-2019 0.000869 0.000417
CADCZK 25-Feb-2019 26-Feb-2019 0.00047 -0.00056
CADHUF 25-Feb-2019 26-Feb-2019 -0.0037 -0.0166
GBPRUB 25-Feb-2019 26-Feb-2019 0.01863 0.013812
RUBDKK 25-Feb-2019 26-Feb-2019 -0.00002 -0.000026
NOKRON 25-Feb-2019 26-Feb-2019 0.000077 0.000034
DKKAED 25-Feb-2019 26-Feb-2019 0.000043 -0.000003
USDCOP 22-Feb-2019 25-Feb-2019 -0.3227 -0.8615
USDPEN 25-Feb-2019 26-Feb-2019 -0.000114 -0.000305
ZARAED 25-Feb-2019 26-Feb-2019 -0.000031 -0.000056
CADZAR 25-Feb-2019 26-Feb-2019 0.001783 0.001096
PLNZAR 25-Feb-2019 26-Feb-2019 0.000648 0.000389
JPYAED 25-Feb-2019 26-Feb-2019 0.000003 -0.000001
NOKAED 25-Feb-2019 26-Feb-2019 0.000015 -0.000021
CZKRUB 25-Feb-2019 26-Feb-2019 0.000576 0.000386
SGDAED 25-Feb-2019 26-Feb-2019 0.000003 -0.000222
SGDCNH 25-Feb-2019 26-Feb-2019 0.000152 -0.000141
PLNRUB 25-Feb-2019 26-Feb-2019 0.003432 0.002349
XAUSGD 25-Feb-2019 26-Feb-2019 0.1663 0.0473
ZARMXN 25-Feb-2019 26-Feb-2019 0.000122 0.000014
XAUNZD 25-Feb-2019 26-Feb-2019 0.188 0.0606
XAGCNH 25-Feb-2019 26-Feb-2019 0.011196 0.002221