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 26-Feb-2018 27-Feb-2018 0.000007 -0.000045
AUDJPY 26-Feb-2018 27-Feb-2018 -0.0025 -0.0068
AUDNZD 26-Feb-2018 27-Feb-2018 0.000035 -0.000022
AUDUSD 26-Feb-2018 27-Feb-2018 0.000018 -0.000023
CADCHF 26-Feb-2018 27-Feb-2018 -0.00002 -0.00006
CADJPY 26-Feb-2018 27-Feb-2018 -0.0008 -0.0053
CHFJPY 26-Feb-2018 27-Feb-2018 0.0051 -0.001
CHFNOK 26-Feb-2018 27-Feb-2018 0.000636 0.000172
EURAUD 26-Feb-2018 27-Feb-2018 0.000136 0.000056
EURCAD 26-Feb-2018 27-Feb-2018 0.000106 0.000025
EURCHF 26-Feb-2018 27-Feb-2018 0.000016 -0.000044
EURCZK 26-Feb-2018 27-Feb-2018 0.00171 -0.00002
EURDKK 26-Feb-2018 27-Feb-2018 0.000169 -0.000223
EURGBP 26-Feb-2018 27-Feb-2018 0.000045 0
EURJPY 26-Feb-2018 27-Feb-2018 0.0041 -0.0026
EURNOK 26-Feb-2018 27-Feb-2018 0.000607 0.000087
EURSEK 26-Feb-2018 27-Feb-2018 0.000221 -0.000313
EURUSD 26-Feb-2018 27-Feb-2018 0.000104 0.00004
GBPAUD 26-Feb-2018 27-Feb-2018 0.000109 0.000018
GBPCAD 26-Feb-2018 27-Feb-2018 0.000075 -0.000018
GBPCHF 26-Feb-2018 27-Feb-2018 -0.000015 -0.000084
GBPDKK 26-Feb-2018 27-Feb-2018 -0.000024 -0.000472
GBPJPY 26-Feb-2018 27-Feb-2018 0.0009 -0.0068
GBPNOK 26-Feb-2018 27-Feb-2018 0.000408 -0.000186
GBPNZD 26-Feb-2018 27-Feb-2018 0.00013 0.000028
GBPSEK 26-Feb-2018 27-Feb-2018 -0.000038 -0.00065
GBPSGD 26-Feb-2018 27-Feb-2018 0.000121 0.000002
GBPUSD 26-Feb-2018 27-Feb-2018 0.000082 0.000009
NOKSEK 26-Feb-2018 27-Feb-2018 -0.000012 -0.000072
NZDCAD 26-Feb-2018 27-Feb-2018 0.000002 -0.000049
NZDCHF 26-Feb-2018 27-Feb-2018 -0.000035 -0.000073
NZDJPY 26-Feb-2018 27-Feb-2018 -0.0027 -0.0069
NZDUSD 26-Feb-2018 27-Feb-2018 0.000014 -0.000026
USDCAD 23-Feb-2018 26-Feb-2018 0.000037 -0.000164
USDCHF 26-Feb-2018 27-Feb-2018 -0.000041 -0.000091
USDCZK 26-Feb-2018 27-Feb-2018 0.0002 -0.00123
USDDKK 26-Feb-2018 27-Feb-2018 -0.000212 -0.000538
USDJPY 26-Feb-2018 27-Feb-2018 -0.0028 -0.0084
USDNOK 26-Feb-2018 27-Feb-2018 0.000039 -0.000393
USDSEK 26-Feb-2018 27-Feb-2018 -0.00029 -0.000734
USDSGD 26-Feb-2018 27-Feb-2018 0.000044 -0.000043
NOKJPY 26-Feb-2018 27-Feb-2018 -0.00004 -0.00078
USDPLN 26-Feb-2018 27-Feb-2018 0.00007 -0.000127
SGDJPY 26-Feb-2018 27-Feb-2018 -0.0017 -0.007
USDZAR 26-Feb-2018 27-Feb-2018 0.002251 0.001154
CHFSEK 26-Feb-2018 27-Feb-2018 0.000305 -0.000172
CHFDKK 26-Feb-2018 27-Feb-2018 0.000231 -0.000119
EURPLN 26-Feb-2018 27-Feb-2018 0.000327 0.000091
USDHKD 26-Feb-2018 27-Feb-2018 -0.000089 -0.0005
USDKRW 26-Feb-2018 27-Feb-2018 -0.0094 -0.0708
USDMYR 26-Feb-2018 27-Feb-2018 0.000374 0.000105
USDMXN 26-Feb-2018 27-Feb-2018 0.003674 0.001871
USDPHP 23-Feb-2018 26-Feb-2018 0.02689 0.00711
USDTHB 26-Feb-2018 27-Feb-2018 0.00203 -0.00141
USDTWD 26-Feb-2018 27-Feb-2018 -0.00023 -0.00191
USDIDR 26-Feb-2018 27-Feb-2018 3.26 2.44
USDAED 26-Feb-2018 27-Feb-2018 0.000051 -0.00024
NOKDKK 26-Feb-2018 27-Feb-2018 -0.000008 -0.000052
SEKDKK 26-Feb-2018 27-Feb-2018 0.000022 -0.000021
EURHUF 26-Feb-2018 27-Feb-2018 0.0123 -0.0063
EURNZD 26-Feb-2018 27-Feb-2018 0.000158 0.000069
EURZAR 26-Feb-2018 27-Feb-2018 0.003596 0.002264
USDBRL 26-Feb-2018 27-Feb-2018 0.001251 -0.000201
USDHUF 26-Feb-2018 27-Feb-2018 -0.0047 -0.0201
USDINR 26-Feb-2018 27-Feb-2018 0.007235 0.003324
USDCNY 26-Feb-2018 27-Feb-2018 0.000239 -0.000417
SEKJPY 26-Feb-2018 27-Feb-2018 0.00049 -0.00022
EURMXN 26-Feb-2018 27-Feb-2018 0.00584 0.00365
CADDKK 26-Feb-2018 27-Feb-2018 -0.000087 -0.000345
AUDDKK 26-Feb-2018 27-Feb-2018 -0.000182 -0.000432
NZDDKK 26-Feb-2018 27-Feb-2018 -0.000191 -0.000434
PLNJPY 26-Feb-2018 27-Feb-2018 -0.00049 -0.0023
PLNDKK 26-Feb-2018 27-Feb-2018 -0.000043 -0.000148
HKDDKK 26-Feb-2018 27-Feb-2018 0.000003 -0.00004
SGDDKK 26-Feb-2018 27-Feb-2018 -0.000134 -0.000439
DKKJPY 26-Feb-2018 27-Feb-2018 0.00064 -0.00031
USDILS 26-Feb-2018 27-Feb-2018 -0.000053 -0.000255
EURSGD 26-Feb-2018 27-Feb-2018 0.000149 0.000044
AUDCHF 26-Feb-2018 27-Feb-2018 -0.000034 -0.000073
GBPZAR 26-Feb-2018 27-Feb-2018 0.00366 0.002146
AUDHKD 26-Feb-2018 27-Feb-2018 -0.00009 -0.000406
GBPHKD 26-Feb-2018 27-Feb-2018 0.000228 -0.000338
NZDNOK 26-Feb-2018 27-Feb-2018 -0.000019 -0.00034
EURHKD 26-Feb-2018 27-Feb-2018 0.000446 -0.000048
CADNOK 26-Feb-2018 27-Feb-2018 0.000134 -0.000207
CHFPLN 26-Feb-2018 27-Feb-2018 0.000332 0.000121
GBPHUF 26-Feb-2018 27-Feb-2018 0.0049 -0.0163
EURAED 26-Feb-2018 27-Feb-2018 0.000323 -0.000029
XAUUSD 26-Feb-2018 27-Feb-2018 0.1056 0.023
XAGUSD 26-Feb-2018 27-Feb-2018 0.001366 0.0002
NZDSGD 26-Feb-2018 27-Feb-2018 0.000025 -0.00004
GBPPLN 26-Feb-2018 27-Feb-2018 0.00025 -0.00002
HKDJPY 26-Feb-2018 27-Feb-2018 0.00015 -0.00056
AUDCZK 26-Feb-2018 27-Feb-2018 0.00011 -0.001
AUDHUF 26-Feb-2018 27-Feb-2018 -0.0043 -0.0162
AUDPLN 26-Feb-2018 27-Feb-2018 0.000046 -0.000106
AUDSGD 26-Feb-2018 27-Feb-2018 0.000031 -0.000036
CHFCZK 26-Feb-2018 27-Feb-2018 0.00177 0.00023
CHFHUF 26-Feb-2018 27-Feb-2018 0.0142 -0.0023
CHFZAR 26-Feb-2018 27-Feb-2018 0.003289 0.002113
DKKCZK 26-Feb-2018 27-Feb-2018 0.00025 0
DKKHUF 26-Feb-2018 27-Feb-2018 0.0019 -0.0008
DKKTHB 26-Feb-2018 27-Feb-2018 0.0007 0
DKKZAR 26-Feb-2018 27-Feb-2018 0.000493 0.000308
EURTHB 26-Feb-2018 27-Feb-2018 0.00473 0.00054
GBPCZK 26-Feb-2018 27-Feb-2018 0.00121 -0.00077
GBPTHB 26-Feb-2018 27-Feb-2018 0.004233 -0.000517
NZDCZK 26-Feb-2018 27-Feb-2018 0.00002 -0.00104
NZDHUF 26-Feb-2018 27-Feb-2018 -0.005 -0.0164
NZDPLN 26-Feb-2018 27-Feb-2018 0.000031 -0.000115
NZDSEK 26-Feb-2018 27-Feb-2018 -0.00026 -0.00059
NZDTHB 26-Feb-2018 27-Feb-2018 0.001284 -0.00124
EURTRY 26-Feb-2018 27-Feb-2018 0.001883 0.001467
USDTRY 23-Feb-2018 26-Feb-2018 0.003935 0.00291
GBPAED 26-Feb-2018 27-Feb-2018 0.0003 -0.0002
GBPMXN 26-Feb-2018 27-Feb-2018 0.005956 0.003466
XAUEUR 26-Feb-2018 27-Feb-2018 0.0224 -0.0437
XAUJPY 26-Feb-2018 27-Feb-2018 3.79 -4.98
XAGEUR 26-Feb-2018 27-Feb-2018 0.000317 -0.000617
XAGJPY 26-Feb-2018 27-Feb-2018 0.0523 -0.0715
XAUAUD 26-Feb-2018 27-Feb-2018 0.1392 0.0351
PLNSEK 26-Feb-2018 27-Feb-2018 -0.000059 -0.000203
XAGAUD 26-Feb-2018 27-Feb-2018 0.0018 0.0003
ZARJPY 26-Feb-2018 27-Feb-2018 -0.0013 -0.0023
SGDPLN 26-Feb-2018 27-Feb-2018 0.000068 -0.000114
TRYDKK 26-Feb-2018 27-Feb-2018 -0.000506 -0.000653
XAGHKD 26-Feb-2018 27-Feb-2018 0.00581 -0.003331
XAUHKD 26-Feb-2018 27-Feb-2018 0.4362 -0.2118
AUDTRY 26-Feb-2018 27-Feb-2018 0.001016 0.000752
CADTRY 23-Feb-2018 26-Feb-2018 0.003242 0.002436
CHFTRY 26-Feb-2018 27-Feb-2018 0.00169 0.001323
CHFSGD 26-Feb-2018 27-Feb-2018 0.000148 0.000054
GBPTRY 26-Feb-2018 27-Feb-2018 0.001999 0.001527
NZDTRY 26-Feb-2018 27-Feb-2018 0.000934 0.000682
NZDZAR 26-Feb-2018 27-Feb-2018 0.00157 0.000763
MXNJPY 26-Feb-2018 27-Feb-2018 -0.00088 -0.001433
TRYJPY 26-Feb-2018 27-Feb-2018 -0.0087 -0.0113
AUDZAR 26-Feb-2018 27-Feb-2018 0.001729 0.000881
CADPLN 26-Feb-2018 27-Feb-2018 0.0001 -0.000056
CADMXN 26-Feb-2018 27-Feb-2018 0.003131 0.001714
SGDHKD 26-Feb-2018 27-Feb-2018 -0.000033 -0.00042
AUDSEK 26-Feb-2018 27-Feb-2018 -0.000248 -0.00059
USDRON 26-Feb-2018 27-Feb-2018 0.000041 -0.000173
EURRON 26-Feb-2018 27-Feb-2018 0.000319 0.000062
GBPILS 26-Feb-2018 27-Feb-2018 0.000083 -0.000195
ILSDKK 26-Feb-2018 27-Feb-2018 0.000041 -0.000051
MXNDKK 26-Feb-2018 27-Feb-2018 -0.000057 -0.000079
NZDMXN 26-Feb-2018 27-Feb-2018 0.002566 0.00124
AUDNOK 26-Feb-2018 27-Feb-2018 0.00001 -0.000322
CHFMXN 26-Feb-2018 27-Feb-2018 0.005336 0.003403
AUDMXN 26-Feb-2018 27-Feb-2018 0.002823 0.00143
EURRUB 26-Feb-2018 27-Feb-2018 0.014479 0.008026
XAGDKK 26-Feb-2018 27-Feb-2018 -0.000822 -0.006539
XAUDKK 26-Feb-2018 27-Feb-2018 -0.0659 -0.5242
CZKPLN 26-Feb-2018 27-Feb-2018 0.000009 -0.000003
PLNHUF 26-Feb-2018 27-Feb-2018 -0.0005 -0.0055
CADSEK 26-Feb-2018 27-Feb-2018 -0.000121 -0.000472
HUFJPY 26-Feb-2018 27-Feb-2018 0.000011 -0.000015
TRYZAR 26-Feb-2018 27-Feb-2018 -0.000327 -0.00063
XAUGBP 26-Feb-2018 27-Feb-2018 0.0445 -0.0143
EURILS 26-Feb-2018 27-Feb-2018 0.000182 -0.000061
AUDILS 26-Feb-2018 27-Feb-2018 -0.000051 -0.000206
CHFHKD 26-Feb-2018 27-Feb-2018 0.000496 0.000054
CHFILS 26-Feb-2018 27-Feb-2018 0.00011 -0.000089
CZKHKD 26-Feb-2018 27-Feb-2018 0.000009 -0.000018
CZKNOK 26-Feb-2018 27-Feb-2018 0.000015 -0.000013
CZKSEK 26-Feb-2018 27-Feb-2018 0 -0.00003
CZKSGD 26-Feb-2018 27-Feb-2018 0.000003 -0.000002
CZKZAR 26-Feb-2018 27-Feb-2018 0.000119 0.000074
HKDHUF 26-Feb-2018 27-Feb-2018 0.000619 -0.00134
HKDMXN 26-Feb-2018 27-Feb-2018 0.00052 0.000368
HKDNOK 26-Feb-2018 27-Feb-2018 0.000043 -0.000013
HKDNZD 26-Feb-2018 27-Feb-2018 0.000013 0.000003
HKDPLN 26-Feb-2018 27-Feb-2018 0.000026 0
HKDSEK 26-Feb-2018 27-Feb-2018 0.000003 -0.000055
HKDZAR 26-Feb-2018 27-Feb-2018 0.00032 0.000228
HUFCZK 26-Feb-2018 27-Feb-2018 0.000006 -0.000002
HUFMXN 26-Feb-2018 27-Feb-2018 0.000018 0.000011
HUFNOK 26-Feb-2018 27-Feb-2018 0.000002 -0.000001
HUFSEK 26-Feb-2018 27-Feb-2018 0.000001 -0.000002
HUFSGD 26-Feb-2018 27-Feb-2018 0.000001 0
HUFZAR 26-Feb-2018 27-Feb-2018 0.000011 0.000007
ILSJPY 26-Feb-2018 27-Feb-2018 0.000722 -0.000891
ILSNZD 26-Feb-2018 27-Feb-2018 0.000028 0.000005
NOKPLN 26-Feb-2018 27-Feb-2018 0.00002 -0.000007
NOKSGD 26-Feb-2018 27-Feb-2018 0.00001 -0.000002
NOKZAR 26-Feb-2018 27-Feb-2018 0.000297 0.000202
SEKSGD 26-Feb-2018 27-Feb-2018 0.000016 0.000004
SEKZAR 26-Feb-2018 27-Feb-2018 0.000345 0.000254
SGDZAR 26-Feb-2018 27-Feb-2018 0.001604 0.000955
XAGGBP 26-Feb-2018 27-Feb-2018 0.000589 -0.000241
CZKJPY 26-Feb-2018 27-Feb-2018 0.000035 -0.000322
NOKTRY 26-Feb-2018 27-Feb-2018 0.000171 0.000141
SEKTRY 26-Feb-2018 27-Feb-2018 0.000184 0.000155
TRYCZK 26-Feb-2018 27-Feb-2018 -0.001572 -0.001973
AUDCNH 26-Feb-2018 27-Feb-2018 0.000274 -0.00001
CADCNH 26-Feb-2018 27-Feb-2018 0.000375 0.000084
CHFCNH 26-Feb-2018 27-Feb-2018 0.000876 0.000479
EURCNH 26-Feb-2018 27-Feb-2018 0.000906 0.000462
GBPCNH 26-Feb-2018 27-Feb-2018 0.000802 0.000294
HKDCNH 26-Feb-2018 27-Feb-2018 0.000078 0.00003
NOKCNH 26-Feb-2018 27-Feb-2018 0.000067 0.000017
NZDCNH 26-Feb-2018 27-Feb-2018 0.000233 -0.000041
SEKCNH 26-Feb-2018 27-Feb-2018 0.000096 0.000048
USDCNH 26-Feb-2018 27-Feb-2018 0.000371 0.000002
CNHJPY 26-Feb-2018 27-Feb-2018 -0.0009 -0.001872
XAUTHB 26-Feb-2018 27-Feb-2018 4.92 -0.06
XAUTRY 26-Feb-2018 27-Feb-2018 2.0101 1.5067
XPDUSD 26-Feb-2018 27-Feb-2018 0.0109 -0.214
XPTUSD 26-Feb-2018 27-Feb-2018 0.144 -0.0439
CHFRON 26-Feb-2018 27-Feb-2018 0.00033 0.000101
XAUCHF 26-Feb-2018 27-Feb-2018 0.0114 -0.0663
XAGCHF 26-Feb-2018 27-Feb-2018 0.000186 -0.00091
XAUXAG 26-Feb-2018 27-Feb-2018 0.0034 -0.0032
XPTEUR 26-Feb-2018 27-Feb-2018 0.0694 -0.0825
USDCLP 23-Feb-2018 26-Feb-2018 0.2357 0.1319
XPDDKK 26-Feb-2018 27-Feb-2018 0.15712 -0.157116
XPTDKK 26-Feb-2018 27-Feb-2018 0.1507 -0.1507
CNHDKK 26-Feb-2018 27-Feb-2018 -0.000058 -0.000116
XAURUB 26-Feb-2018 27-Feb-2018 15.3333 7.52
XPTZAR 26-Feb-2018 27-Feb-2018 3.62 0.94
CADSGD 26-Feb-2018 27-Feb-2018 0.000052 -0.000016
XAUCNH 26-Feb-2018 27-Feb-2018 0.9417 0.3691
CADHKD 26-Feb-2018 27-Feb-2018 0.000033 -0.000292
AUDAED 26-Feb-2018 27-Feb-2018 0.00003 -0.000195
CADRON 26-Feb-2018 27-Feb-2018 0.000082 -0.000087
CHFRUB 26-Feb-2018 27-Feb-2018 0.012364 0.008684
GBPRON 26-Feb-2018 27-Feb-2018 0.000227 -0.000067
CADCZK 26-Feb-2018 27-Feb-2018 0.00043 -0.0007
CADHUF 26-Feb-2018 27-Feb-2018 -0.0004 -0.0125
GBPRUB 26-Feb-2018 27-Feb-2018 0.013092 0.008366
RUBDKK 26-Feb-2018 27-Feb-2018 -0.000014 -0.000021
NOKRON 26-Feb-2018 27-Feb-2018 0.000017 -0.000012
DKKAED 26-Feb-2018 27-Feb-2018 0.000047 -0.000003
USDCOP 23-Feb-2018 26-Feb-2018 -0.0679 -0.5611
USDPEN 26-Feb-2018 27-Feb-2018 -0.000025 -0.000213
ZARAED 26-Feb-2018 27-Feb-2018 -0.00004 -0.000068
CADZAR 26-Feb-2018 27-Feb-2018 0.001771 0.001211
PLNZAR 26-Feb-2018 27-Feb-2018 0.000643 0.000415
JPYAED 26-Feb-2018 27-Feb-2018 0.000003 -0.000001
NOKAED 26-Feb-2018 27-Feb-2018 0.000018 -0.000021
CZKRUB 26-Feb-2018 27-Feb-2018 0.000459 0.000246
SGDAED 26-Feb-2018 27-Feb-2018 0.000054 -0.000201