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-May-2018 29-May-2018 0.000048 -0.000154
AUDJPY 25-May-2018 29-May-2018 -0.008 -0.0248
AUDNZD 25-May-2018 29-May-2018 0.000139 -0.00008
AUDUSD 25-May-2018 29-May-2018 0.000091 -0.000064
CADCHF 25-May-2018 29-May-2018 -0.000086 -0.000248
CADJPY 25-May-2018 29-May-2018 -0.0032 -0.0213
CHFJPY 25-May-2018 29-May-2018 0.0192 -0.0033
CHFNOK 25-May-2018 29-May-2018 0.002059 0.00042
EURAUD 25-May-2018 29-May-2018 0.000517 0.000208
EURCAD 25-May-2018 29-May-2018 0.000428 0.000114
EURCHF 25-May-2018 29-May-2018 0.000075 -0.000159
EURCZK 25-May-2018 29-May-2018 0.00514 -0.00026
EURDKK 25-May-2018 29-May-2018 0.000613 -0.000927
EURGBP 25-May-2018 29-May-2018 0.000177 0.000002
EURJPY 25-May-2018 29-May-2018 0.0177 -0.0084
EURNOK 25-May-2018 29-May-2018 0.002052 0.000147
EURSEK 25-May-2018 29-May-2018 0.000832 -0.001219
EURUSD 25-May-2018 29-May-2018 0.000415 0.000175
GBPAUD 25-May-2018 29-May-2018 0.000408 0.000059
GBPCAD 25-May-2018 29-May-2018 0.000312 -0.000045
GBPCHF 25-May-2018 29-May-2018 -0.000051 -0.000316
GBPDKK 25-May-2018 29-May-2018 -0.000176 -0.001922
GBPJPY 25-May-2018 29-May-2018 0.0051 -0.0245
GBPNOK 25-May-2018 29-May-2018 0.001229 -0.00093
GBPNZD 25-May-2018 29-May-2018 0.000501 0.000115
GBPSEK 25-May-2018 29-May-2018 -0.000255 -0.00258
GBPSGD 25-May-2018 30-May-2018 0.000466 -0.000029
GBPUSD 25-May-2018 29-May-2018 0.000336 0.000064
NOKSEK 25-May-2018 29-May-2018 -0.000037 -0.000256
NZDCAD 25-May-2018 29-May-2018 0.000021 -0.000166
NZDCHF 25-May-2018 29-May-2018 -0.000135 -0.000274
NZDJPY 25-May-2018 29-May-2018 -0.0093 -0.0249
NZDUSD 25-May-2018 29-May-2018 0.000065 -0.000078
USDCAD 24-May-2018 25-May-2018 0.000012 -0.000058
USDCHF 25-May-2018 29-May-2018 -0.000184 -0.000388
USDCZK 25-May-2018 29-May-2018 -0.00112 -0.00583
USDDKK 25-May-2018 29-May-2018 -0.001066 -0.002409
USDJPY 25-May-2018 29-May-2018 -0.0122 -0.035
USDNOK 25-May-2018 29-May-2018 -0.000268 -0.00193
USDSEK 25-May-2018 29-May-2018 -0.001476 -0.003267
USDSGD 25-May-2018 30-May-2018 0.000102 -0.000278
NOKJPY 25-May-2018 29-May-2018 0.00031 -0.00247
USDPLN 25-May-2018 29-May-2018 0.000238 -0.000527
SGDJPY 25-May-2018 30-May-2018 -0.0052 -0.0282
USDZAR 25-May-2018 29-May-2018 0.008686 0.004414
CHFSEK 25-May-2018 29-May-2018 0.001034 -0.00073
CHFDKK 25-May-2018 29-May-2018 0.000759 -0.000566
EURPLN 25-May-2018 29-May-2018 0.001354 0.000478
USDHKD 25-May-2018 29-May-2018 -0.000477 -0.002071
USDKRW 25-May-2018 29-May-2018 -0.0692 -0.3145
USDMYR 25-May-2018 30-May-2018 0.001703 0.000363
USDMXN 25-May-2018 29-May-2018 0.017853 0.011053
USDPHP 24-May-2018 25-May-2018 0.00869 0.00201
USDTHB 25-May-2018 30-May-2018 0.0112 -0.01232
USDTWD 25-May-2018 29-May-2018 -0.00185 -0.0087
USDIDR 25-May-2018 30-May-2018 16.36 12.14
NOKDKK 25-May-2018 29-May-2018 -0.000026 -0.00019
SEKDKK 25-May-2018 29-May-2018 0.000074 -0.000077
EURHUF 25-May-2018 29-May-2018 0.0471 -0.0177
EURNZD 25-May-2018 29-May-2018 0.000613 0.000272
EURZAR 25-May-2018 29-May-2018 0.013824 0.008886
USDBRL 25-May-2018 29-May-2018 0.005483 -0.001004
USDHUF 25-May-2018 29-May-2018 -0.0277 -0.0843
USDINR 25-May-2018 29-May-2018 0.02852 0.012021
USDCNY 25-May-2018 29-May-2018 0.000776 -0.001868
SEKJPY 25-May-2018 29-May-2018 0.00196 -0.00059
EURMXN 25-May-2018 29-May-2018 0.026685 0.018822
CADDKK 25-May-2018 29-May-2018 -0.000463 -0.001529
AUDDKK 25-May-2018 29-May-2018 -0.000735 -0.001724
NZDDKK 25-May-2018 29-May-2018 -0.000788 -0.001702
PLNJPY 25-May-2018 29-May-2018 -0.00218 -0.00834
PLNDKK 25-May-2018 29-May-2018 -0.000223 -0.000587
HKDDKK 25-May-2018 29-May-2018 -0.000006 -0.000173
SGDDKK 25-May-2018 30-May-2018 -0.000632 -0.001985
DKKJPY 25-May-2018 29-May-2018 0.0028 -0.00083
USDILS 25-May-2018 29-May-2018 -0.000495 -0.001241
EURSGD 25-May-2018 30-May-2018 0.000611 0.000174
AUDCHF 25-May-2018 29-May-2018 -0.000128 -0.000278
GBPZAR 25-May-2018 29-May-2018 0.014054 0.008456
AUDHKD 25-May-2018 29-May-2018 -0.000273 -0.001445
GBPHKD 25-May-2018 29-May-2018 0.000903 -0.001167
NZDNOK 25-May-2018 29-May-2018 -0.000249 -0.001379
EURHKD 25-May-2018 29-May-2018 0.001737 -0.000089
CADNOK 25-May-2018 29-May-2018 0.000257 -0.001062
CHFPLN 25-May-2018 29-May-2018 0.001298 0.000544
GBPHUF 25-May-2018 29-May-2018 0.0164 -0.0572
XAUUSD 25-May-2018 29-May-2018 0.4531 0.1163
XAGUSD 25-May-2018 29-May-2018 0.006282 0.001294
NZDSGD 25-May-2018 30-May-2018 0.000058 -0.000201
GBPPLN 25-May-2018 29-May-2018 0.00104 0.000046
HKDJPY 25-May-2018 29-May-2018 0.000662 -0.002155
USDRUB 24-May-2018 25-May-2018 0.010716 0.004737
AUDCZK 25-May-2018 29-May-2018 -0.0006 -0.00407
AUDHUF 25-May-2018 29-May-2018 -0.0179 -0.0596
AUDPLN 25-May-2018 29-May-2018 0.000221 -0.000341
AUDSGD 25-May-2018 30-May-2018 0.000096 -0.000184
CHFCZK 25-May-2018 29-May-2018 0.00523 0.00058
CHFHUF 25-May-2018 29-May-2018 0.0504 -0.0054
CHFZAR 25-May-2018 29-May-2018 0.012344 0.008096
DKKCZK 25-May-2018 29-May-2018 0.00078 0.00002
DKKHUF 25-May-2018 29-May-2018 0.0074 -0.0017
DKKTHB 25-May-2018 30-May-2018 0.0035 -0.0003
DKKZAR 25-May-2018 29-May-2018 0.001905 0.001228
EURTHB 25-May-2018 30-May-2018 0.02487 -0.00247
GBPCZK 25-May-2018 29-May-2018 0.00283 -0.00329
GBPTHB 25-May-2018 30-May-2018 0.022854 -0.008264
NZDCZK 25-May-2018 29-May-2018 -0.00095 -0.00416
NZDHUF 25-May-2018 29-May-2018 -0.0213 -0.0598
NZDPLN 25-May-2018 29-May-2018 0.000136 -0.000385
NZDSEK 25-May-2018 29-May-2018 -0.001091 -0.002308
NZDTHB 25-May-2018 30-May-2018 0.007431 -0.008739
EURTRY 25-May-2018 29-May-2018 0.008913 0.006983
USDTRY 24-May-2018 25-May-2018 0.001609 0.001191
GBPMXN 25-May-2018 29-May-2018 0.027728 0.018814
XAUEUR 25-May-2018 29-May-2018 0.1058 -0.177
XAUJPY 25-May-2018 29-May-2018 18.9 -17.8
XAGEUR 25-May-2018 29-May-2018 0.001795 -0.002403
XAGJPY 25-May-2018 29-May-2018 0.2979 -0.2459
XAUAUD 25-May-2018 29-May-2018 0.5635 0.1283
PLNSEK 25-May-2018 29-May-2018 -0.000309 -0.000794
XAGAUD 25-May-2018 29-May-2018 0.0079 0.0013
ZARJPY 25-May-2018 29-May-2018 -0.0049 -0.008
SGDPLN 25-May-2018 30-May-2018 0.00043 -0.000341
TRYDKK 25-May-2018 29-May-2018 -0.001747 -0.002232
XAGHKD 25-May-2018 29-May-2018 0.027965 -0.01042
XAUHKD 25-May-2018 29-May-2018 1.8755 -0.708
AUDTRY 25-May-2018 29-May-2018 0.004926 0.003686
CADTRY 24-May-2018 25-May-2018 0.001319 0.000991
CHFTRY 25-May-2018 29-May-2018 0.007838 0.006178
CHFSGD 25-May-2018 30-May-2018 0.000586 0.000211
GBPTRY 25-May-2018 29-May-2018 0.009528 0.007339
NZDTRY 25-May-2018 29-May-2018 0.004419 0.003278
NZDZAR 25-May-2018 29-May-2018 0.005908 0.00299
MXNJPY 25-May-2018 29-May-2018 -0.004302 -0.006204
TRYJPY 25-May-2018 29-May-2018 -0.0287 -0.0371
AUDZAR 25-May-2018 29-May-2018 0.006707 0.003539
CADPLN 25-May-2018 29-May-2018 0.000397 -0.00021
CADMXN 25-May-2018 29-May-2018 0.015021 0.009681
SGDHKD 25-May-2018 30-May-2018 0.000001 -0.00161
AUDSEK 25-May-2018 29-May-2018 -0.001019 -0.002335
USDRON 25-May-2018 29-May-2018 0.001028 -0.000044
EURRON 25-May-2018 29-May-2018 0.002361 0.001125
GBPILS 25-May-2018 29-May-2018 0.00004 -0.00093
ILSDKK 25-May-2018 29-May-2018 0.000179 -0.000258
MXNDKK 25-May-2018 29-May-2018 -0.000289 -0.000359
NZDMXN 25-May-2018 29-May-2018 0.012191 0.007547
AUDNOK 25-May-2018 29-May-2018 -0.000112 -0.001334
CHFMXN 25-May-2018 29-May-2018 0.023663 0.016902
AUDMXN 25-May-2018 29-May-2018 0.013722 0.008677
EURRUB 25-May-2018 29-May-2018 0.068064 0.0404
XAGDKK 25-May-2018 29-May-2018 -0.006499 -0.030355
XAUDKK 25-May-2018 29-May-2018 -0.5108 -2.3859
CZKPLN 25-May-2018 29-May-2018 0.000038 0.000002
PLNHUF 25-May-2018 29-May-2018 -0.0046 -0.02
CADSEK 25-May-2018 29-May-2018 -0.000645 -0.002066
HUFJPY 25-May-2018 29-May-2018 0.000038 -0.000046
TRYZAR 25-May-2018 29-May-2018 -0.001312 -0.002258
XAUGBP 25-May-2018 29-May-2018 0.1911 -0.0553
EURILS 25-May-2018 29-May-2018 0.000465 -0.000391
AUDILS 25-May-2018 29-May-2018 -0.000334 -0.000884
CHFHKD 25-May-2018 29-May-2018 0.001779 0.000208
CHFILS 25-May-2018 29-May-2018 0.000519 -0.00036
CZKHKD 25-May-2018 29-May-2018 0.000036 -0.000039
CZKNOK 25-May-2018 29-May-2018 0.000047 -0.000031
CZKSEK 25-May-2018 29-May-2018 -0.000003 -0.000087
CZKSGD 25-May-2018 30-May-2018 0.000013 -0.000008
CZKZAR 25-May-2018 29-May-2018 0.000447 0.000325
HKDHUF 25-May-2018 29-May-2018 0.001992 -0.00501
HKDMXN 25-May-2018 29-May-2018 0.002509 0.001992
HKDNOK 25-May-2018 29-May-2018 0.000131 -0.000076
HKDNZD 25-May-2018 29-May-2018 0.000051 0.000013
HKDPLN 25-May-2018 29-May-2018 0.000105 0.00001
HKDSEK 25-May-2018 29-May-2018 -0.00001 -0.000232
HKDZAR 25-May-2018 29-May-2018 0.001256 0.00093
HUFCZK 25-May-2018 29-May-2018 0.000013 -0.000005
HUFMXN 25-May-2018 29-May-2018 0.000076 0.00006
HUFNOK 25-May-2018 29-May-2018 0.000006 -0.000001
HUFSEK 25-May-2018 29-May-2018 0.000002 -0.000006
HUFSGD 25-May-2018 30-May-2018 0.000002 0
HUFZAR 25-May-2018 29-May-2018 0.000039 0.000028
ILSJPY 25-May-2018 29-May-2018 0.003078 -0.004445
ILSNZD 25-May-2018 29-May-2018 0.000118 0.000012
NOKPLN 25-May-2018 29-May-2018 0.000091 -0.000003
NOKSGD 25-May-2018 30-May-2018 0.000041 -0.000006
NOKZAR 25-May-2018 29-May-2018 0.00118 0.00086
SEKSGD 25-May-2018 30-May-2018 0.000064 0.00002
SEKZAR 25-May-2018 29-May-2018 0.001282 0.000988
SGDZAR 25-May-2018 30-May-2018 0.008029 0.005389
XAGGBP 25-May-2018 29-May-2018 0.002822 -0.000839
CZKJPY 25-May-2018 29-May-2018 0.000237 -0.000816
NOKTRY 25-May-2018 29-May-2018 0.000835 0.000707
SEKTRY 25-May-2018 29-May-2018 0.000843 0.000726
TRYCZK 25-May-2018 29-May-2018 -0.005833 -0.006899
AUDCNH 25-May-2018 29-May-2018 0.001351 0.000336
CADCNH 25-May-2018 29-May-2018 0.001683 0.000591
CHFCNH 25-May-2018 29-May-2018 0.003542 0.002182
EURCNH 25-May-2018 29-May-2018 0.003848 0.002268
GBPCNH 25-May-2018 29-May-2018 0.003513 0.001722
HKDCNH 25-May-2018 29-May-2018 0.000346 0.000174
NOKCNH 25-May-2018 29-May-2018 0.000316 0.000147
NZDCNH 25-May-2018 29-May-2018 0.001119 0.000182
SEKCNH 25-May-2018 29-May-2018 0.00039 0.000235
USDCNH 25-May-2018 29-May-2018 0.00169 0.000313
CNHJPY 25-May-2018 29-May-2018 -0.004548 -0.008221
XAUTHB 25-May-2018 30-May-2018 27.28 -5.85
XAUTRY 25-May-2018 29-May-2018 9.8357 7.3632
XPDUSD 25-May-2018 29-May-2018 0.0173 -0.8284
XPTUSD 25-May-2018 29-May-2018 0.4768 -0.105
CHFRON 25-May-2018 29-May-2018 0.002174 0.001111
XAUCHF 25-May-2018 29-May-2018 0.0765 -0.2523
XAGCHF 25-May-2018 29-May-2018 0.001497 -0.003383
XAUXAG 25-May-2018 29-May-2018 0.0132 -0.0148
XPTEUR 25-May-2018 29-May-2018 0.2102 -0.2832
USDCLP 24-May-2018 25-May-2018 0.0782 0.0417
XPDDKK 25-May-2018 29-May-2018 0.624105 -0.624043
XPTDKK 25-May-2018 29-May-2018 0.5753 -0.5753
CNHDKK 25-May-2018 29-May-2018 -0.000319 -0.000537
XAURUB 25-May-2018 29-May-2018 74.9257 39.922
XPTZAR 25-May-2018 29-May-2018 12.66 3.87
CADSGD 25-May-2018 30-May-2018 0.000176 -0.000125
XAUCNH 25-May-2018 29-May-2018 4.219 2.0126
CADHKD 25-May-2018 29-May-2018 0.000081 -0.001185
CADRON 25-May-2018 29-May-2018 0.001028 0.000181
CHFRUB 25-May-2018 29-May-2018 0.056544 0.041009
GBPRON 25-May-2018 29-May-2018 0.00215 0.000748
CADCZK 25-May-2018 29-May-2018 0.0004 -0.00334
CADHUF 25-May-2018 29-May-2018 -0.0059 -0.0508
GBPRUB 25-May-2018 29-May-2018 0.063785 0.043247
RUBDKK 25-May-2018 29-May-2018 -0.000067 -0.000094
NOKRON 25-May-2018 29-May-2018 0.000193 0.000061
USDCOP 24-May-2018 25-May-2018 -0.0435 -0.2079
USDPEN 25-May-2018 29-May-2018 -0.000198 -0.00095
CADZAR 25-May-2018 29-May-2018 0.006835 0.004757
PLNZAR 25-May-2018 29-May-2018 0.002269 0.00156
CZKRUB 25-May-2018 29-May-2018 0.002204 0.001476
SGDCNH 25-May-2018 30-May-2018 0.001937 0.000551