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 13-Nov-2018 14-Nov-2018 0.000019 -0.00003
AUDJPY 13-Nov-2018 14-Nov-2018 -0.0027 -0.0071
AUDNZD 13-Nov-2018 14-Nov-2018 0.000017 -0.00004
AUDUSD 13-Nov-2018 14-Nov-2018 0.000027 -0.000011
CADCHF 13-Nov-2018 14-Nov-2018 -0.000032 -0.000072
CADJPY 13-Nov-2018 14-Nov-2018 -0.0023 -0.0069
CHFJPY 13-Nov-2018 14-Nov-2018 0.0046 -0.0014
CHFNOK 13-Nov-2018 14-Nov-2018 0.000597 0.000163
EURAUD 13-Nov-2018 14-Nov-2018 0.000141 0.00006
EURCAD 13-Nov-2018 14-Nov-2018 0.000124 0.000049
EURCHF 13-Nov-2018 14-Nov-2018 0.000019 -0.00004
EURCZK 13-Nov-2018 14-Nov-2018 0.00215 0.00076
EURDKK 13-Nov-2018 14-Nov-2018 0.000175 -0.000235
EURGBP 13-Nov-2018 14-Nov-2018 0.000051 0.000006
EURJPY 13-Nov-2018 14-Nov-2018 0.004 -0.0028
EURNOK 13-Nov-2018 14-Nov-2018 0.000584 0.000098
EURSEK 13-Nov-2018 14-Nov-2018 0.00026 -0.000286
EURUSD 13-Nov-2018 14-Nov-2018 0.000115 0.000056
GBPAUD 13-Nov-2018 14-Nov-2018 0.000102 0.00001
GBPCAD 13-Nov-2018 14-Nov-2018 0.000086 0
GBPCHF 13-Nov-2018 14-Nov-2018 -0.000021 -0.000089
GBPDKK 13-Nov-2018 14-Nov-2018 -0.000079 -0.000548
GBPJPY 13-Nov-2018 14-Nov-2018 -0.0003 -0.008
GBPNOK 13-Nov-2018 14-Nov-2018 0.00031 -0.000247
GBPNZD 13-Nov-2018 14-Nov-2018 0.00009 -0.000009
GBPSEK 13-Nov-2018 14-Nov-2018 -0.000087 -0.000713
GBPSGD 13-Nov-2018 14-Nov-2018 0.000098 -0.000015
GBPUSD 13-Nov-2018 14-Nov-2018 0.000089 0.000021
NOKSEK 13-Nov-2018 14-Nov-2018 -0.00001 -0.000069
NZDCAD 13-Nov-2018 14-Nov-2018 0.000027 -0.000019
NZDCHF 13-Nov-2018 14-Nov-2018 -0.000025 -0.000061
NZDJPY 13-Nov-2018 14-Nov-2018 -0.0017 -0.0059
NZDUSD 13-Nov-2018 14-Nov-2018 0.000033 -0.000004
USDCHF 13-Nov-2018 14-Nov-2018 -0.000059 -0.000113
USDCZK 13-Nov-2018 14-Nov-2018 0.00018 -0.00108
USDDKK 13-Nov-2018 14-Nov-2018 -0.000341 -0.000712
USDJPY 13-Nov-2018 14-Nov-2018 -0.005 -0.0111
USDNOK 13-Nov-2018 14-Nov-2018 -0.000117 -0.000558
USDSEK 13-Nov-2018 14-Nov-2018 -0.000453 -0.000947
USDSGD 13-Nov-2018 14-Nov-2018 0.000018 -0.000071
NOKJPY 13-Nov-2018 14-Nov-2018 -0.00006 -0.00078
USDPLN 13-Nov-2018 14-Nov-2018 0.000029 -0.000178
SGDJPY 13-Nov-2018 14-Nov-2018 -0.0016 -0.007
USDZAR 13-Nov-2018 14-Nov-2018 0.002258 0.001003
CHFSEK 13-Nov-2018 14-Nov-2018 0.000319 -0.000169
CHFDKK 13-Nov-2018 14-Nov-2018 0.000219 -0.000146
EURPLN 13-Nov-2018 14-Nov-2018 0.000355 0.000126
USDHKD 13-Nov-2018 14-Nov-2018 -0.000105 -0.000526
USDKRW 13-Nov-2018 14-Nov-2018 -0.0335 -0.0976
USDMYR 13-Nov-2018 14-Nov-2018 0.00028 0.000011
USDSAR 13-Nov-2018 14-Nov-2018 0.000047 -0.000219
USDTHB 13-Nov-2018 14-Nov-2018 0.00341 -0.00071
USDTWD 13-Nov-2018 14-Nov-2018 -0.00089 -0.00266
USDIDR 13-Nov-2018 14-Nov-2018 3.19 2.31
USDAED 13-Nov-2018 14-Nov-2018 -0.000026 -0.000317
NOKDKK 13-Nov-2018 14-Nov-2018 -0.000009 -0.000053
SEKDKK 13-Nov-2018 14-Nov-2018 0.000019 -0.000023
EURHUF 13-Nov-2018 14-Nov-2018 0.0139 -0.0043
EURNZD 13-Nov-2018 14-Nov-2018 0.000134 0.000047
EURZAR 13-Nov-2018 14-Nov-2018 0.003762 0.002365
USDHUF 13-Nov-2018 14-Nov-2018 -0.0091 -0.0256
USDINR 13-Nov-2018 14-Nov-2018 0.006565 0.002194
USDCNY 13-Nov-2018 14-Nov-2018 0.000117 -0.000604
SEKJPY 13-Nov-2018 14-Nov-2018 0.00042 -0.00027
CADDKK 13-Nov-2018 14-Nov-2018 -0.000174 -0.000449
AUDDKK 13-Nov-2018 14-Nov-2018 -0.000193 -0.000458
NZDDKK 13-Nov-2018 14-Nov-2018 -0.000133 -0.000383
PLNJPY 13-Nov-2018 14-Nov-2018 -0.00071 -0.00236
PLNDKK 13-Nov-2018 14-Nov-2018 -0.000054 -0.000155
HKDDKK 13-Nov-2018 14-Nov-2018 -0.000009 -0.000058
SGDDKK 13-Nov-2018 14-Nov-2018 -0.000127 -0.00045
DKKJPY 13-Nov-2018 14-Nov-2018 0.00064 -0.00034
USDILS 13-Nov-2018 14-Nov-2018 -0.000141 -0.000379
EURSGD 13-Nov-2018 14-Nov-2018 0.000137 0.000038
AUDCHF 13-Nov-2018 14-Nov-2018 -0.000034 -0.000073
GBPZAR 13-Nov-2018 14-Nov-2018 0.003687 0.002094
AUDHKD 13-Nov-2018 14-Nov-2018 -0.000013 -0.000314
GBPHKD 13-Nov-2018 14-Nov-2018 0.000291 -0.000241
NZDNOK 13-Nov-2018 14-Nov-2018 0.000045 -0.000252
EURHKD 13-Nov-2018 14-Nov-2018 0.000544 0.00008
CADNOK 13-Nov-2018 14-Nov-2018 0.000019 -0.000307
CHFPLN 13-Nov-2018 14-Nov-2018 0.00035 0.000145
GBPHUF 13-Nov-2018 14-Nov-2018 0.0039 -0.017
EURAED 13-Nov-2018 14-Nov-2018 0.000281 -0.000042
EURSAR 13-Nov-2018 14-Nov-2018 0.000371 0.000075
XAUUSD 13-Nov-2018 14-Nov-2018 0.1177 0.0442
XAGUSD 13-Nov-2018 14-Nov-2018 0.001489 0.00046
NZDSGD 13-Nov-2018 14-Nov-2018 0.000032 -0.000028
GBPPLN 13-Nov-2018 14-Nov-2018 0.000245 -0.000017
HKDJPY 13-Nov-2018 14-Nov-2018 -0.000051 -0.00084
AUDCZK 13-Nov-2018 14-Nov-2018 0.00031 -0.00059
AUDHUF 13-Nov-2018 14-Nov-2018 -0.0042 -0.0161
AUDPLN 13-Nov-2018 14-Nov-2018 0.000051 -0.000097
AUDSGD 13-Nov-2018 14-Nov-2018 0.000024 -0.00004
CHFCZK 13-Nov-2018 14-Nov-2018 0.00212 0.00088
CHFHUF 13-Nov-2018 14-Nov-2018 0.0151 -0.0012
CHFZAR 13-Nov-2018 14-Nov-2018 0.00345 0.00221
DKKCZK 13-Nov-2018 14-Nov-2018 0.00031 0.0001
DKKHUF 13-Nov-2018 14-Nov-2018 0.0022 -0.0006
DKKTHB 13-Nov-2018 14-Nov-2018 0.001 0.0002
DKKZAR 13-Nov-2018 14-Nov-2018 0.000519 0.00032
EURTHB 13-Nov-2018 14-Nov-2018 0.00665 0.00204
GBPCZK 13-Nov-2018 14-Nov-2018 0.00148 -0.00011
GBPTHB 13-Nov-2018 14-Nov-2018 0.006185 0.000935
NZDCZK 13-Nov-2018 14-Nov-2018 0.00046 -0.00039
NZDHUF 13-Nov-2018 14-Nov-2018 -0.0019 -0.0131
NZDPLN 13-Nov-2018 14-Nov-2018 0.000075 -0.000065
NZDSEK 13-Nov-2018 14-Nov-2018 -0.000171 -0.000505
NZDTHB 13-Nov-2018 14-Nov-2018 0.002772 0.000006
EURTRY 13-Nov-2018 14-Nov-2018 0.004461 0.003894
GBPAED 13-Nov-2018 14-Nov-2018 0.0002 -0.0003
XAUEUR 13-Nov-2018 14-Nov-2018 0.0229 -0.0411
XAUJPY 13-Nov-2018 14-Nov-2018 3.72 -4.75
XAGEUR 13-Nov-2018 14-Nov-2018 0.000364 -0.000535
XAGJPY 13-Nov-2018 14-Nov-2018 0.0558 -0.0625
XAUAUD 13-Nov-2018 14-Nov-2018 0.1443 0.0428
PLNSEK 13-Nov-2018 14-Nov-2018 -0.000069 -0.000205
XAGAUD 13-Nov-2018 14-Nov-2018 0.0019 0.0004
ZARJPY 13-Nov-2018 14-Nov-2018 -0.0011 -0.0019
SGDPLN 13-Nov-2018 14-Nov-2018 0.00009 -0.000092
TRYDKK 13-Nov-2018 14-Nov-2018 -0.000756 -0.000873
XAGHKD 13-Nov-2018 14-Nov-2018 0.00726 -0.000936
XAUHKD 13-Nov-2018 14-Nov-2018 0.547 -0.0403
AUDTRY 13-Nov-2018 14-Nov-2018 0.002597 0.002232
CHFTRY 13-Nov-2018 14-Nov-2018 0.003978 0.003474
CHFSGD 13-Nov-2018 14-Nov-2018 0.000134 0.000046
GBPTRY 13-Nov-2018 14-Nov-2018 0.004863 0.004215
NZDTRY 13-Nov-2018 14-Nov-2018 0.002463 0.00212
NZDZAR 13-Nov-2018 14-Nov-2018 0.001727 0.000884
TRYJPY 13-Nov-2018 14-Nov-2018 -0.0129 -0.0149
AUDZAR 13-Nov-2018 14-Nov-2018 0.00174 0.000842
CADPLN 13-Nov-2018 14-Nov-2018 0.000071 -0.000083
SGDHKD 13-Nov-2018 14-Nov-2018 0.000066 -0.000303
AUDSEK 13-Nov-2018 14-Nov-2018 -0.000253 -0.000608
USDRON 13-Nov-2018 14-Nov-2018 0.000186 -0.000067
EURRON 13-Nov-2018 14-Nov-2018 0.000559 0.000279
GBPILS 13-Nov-2018 14-Nov-2018 0.000019 -0.000282
ILSDKK 13-Nov-2018 14-Nov-2018 0.000045 -0.000078
AUDNOK 13-Nov-2018 14-Nov-2018 -0.000017 -0.000332
EURRUB 13-Nov-2018 14-Nov-2018 0.019413 0.012652
SARDKK 13-Nov-2018 14-Nov-2018 -0.000034 -0.000166
XAGDKK 13-Nov-2018 14-Nov-2018 0.002436 -0.002801
XAUDKK 13-Nov-2018 14-Nov-2018 0.1858 -0.2528
CZKPLN 13-Nov-2018 14-Nov-2018 0.000005 -0.000005
PLNHUF 13-Nov-2018 14-Nov-2018 -0.0008 -0.0054
CADSEK 13-Nov-2018 14-Nov-2018 -0.000227 -0.000593
HUFJPY 13-Nov-2018 14-Nov-2018 0.000008 -0.000016
TRYZAR 13-Nov-2018 14-Nov-2018 -0.001143 -0.00139
XAUGBP 13-Nov-2018 14-Nov-2018 0.051 -0.0053
EURILS 13-Nov-2018 14-Nov-2018 0.000153 -0.00011
AUDILS 13-Nov-2018 14-Nov-2018 -0.000072 -0.000243
CHFHKD 13-Nov-2018 14-Nov-2018 0.000556 0.000141
CHFILS 13-Nov-2018 14-Nov-2018 0.000102 -0.000092
CZKHKD 13-Nov-2018 14-Nov-2018 0.000003 -0.000017
CZKNOK 13-Nov-2018 14-Nov-2018 0.000003 -0.000018
CZKSEK 13-Nov-2018 14-Nov-2018 -0.000011 -0.000034
CZKSGD 13-Nov-2018 14-Nov-2018 0.000001 -0.000003
CZKZAR 13-Nov-2018 14-Nov-2018 0.000101 0.000065
HKDHUF 13-Nov-2018 14-Nov-2018 0.000328 -0.001814
HKDNOK 13-Nov-2018 14-Nov-2018 0.00003 -0.000029
HKDNZD 13-Nov-2018 14-Nov-2018 0.000009 -0.000002
HKDPLN 13-Nov-2018 14-Nov-2018 0.000024 -0.000004
HKDSEK 13-Nov-2018 14-Nov-2018 -0.00001 -0.000075
HKDZAR 13-Nov-2018 14-Nov-2018 0.000333 0.000231
HUFCZK 13-Nov-2018 14-Nov-2018 0.000006 0
HUFNOK 13-Nov-2018 14-Nov-2018 0.000002 -0.000001
HUFSEK 13-Nov-2018 14-Nov-2018 0.000001 -0.000002
HUFSGD 13-Nov-2018 14-Nov-2018 0.000001 0
HUFZAR 13-Nov-2018 14-Nov-2018 0.000011 0.000007
ILSJPY 13-Nov-2018 14-Nov-2018 0.000775 -0.000861
ILSNZD 13-Nov-2018 14-Nov-2018 0.00003 0.000005
NOKPLN 13-Nov-2018 14-Nov-2018 0.000022 -0.000003
NOKSGD 13-Nov-2018 14-Nov-2018 0.000009 -0.000002
NOKZAR 13-Nov-2018 14-Nov-2018 0.000307 0.000214
SEKSGD 13-Nov-2018 14-Nov-2018 0.000014 0.000003
SEKZAR 13-Nov-2018 14-Nov-2018 0.000345 0.000255
SGDZAR 13-Nov-2018 14-Nov-2018 0.001721 0.001039
XAGGBP 13-Nov-2018 14-Nov-2018 0.000681 -0.000108
CZKJPY 13-Nov-2018 14-Nov-2018 -0.000118 -0.000391
NOKTRY 13-Nov-2018 14-Nov-2018 0.000434 0.000395
SEKTRY 13-Nov-2018 14-Nov-2018 0.000426 0.000388
TRYCZK 13-Nov-2018 14-Nov-2018 -0.002457 -0.002713
AUDCNH 13-Nov-2018 14-Nov-2018 0.000435 0.000121
CADCNH 13-Nov-2018 14-Nov-2018 0.000487 0.000162
CHFCNH 13-Nov-2018 14-Nov-2018 0.001109 0.000676
EURCNH 13-Nov-2018 14-Nov-2018 0.001182 0.000697
GBPCNH 13-Nov-2018 14-Nov-2018 0.001056 0.000501
HKDCNH 13-Nov-2018 14-Nov-2018 0.000104 0.000046
NOKCNH 13-Nov-2018 14-Nov-2018 0.000095 0.000043
NZDCNH 13-Nov-2018 14-Nov-2018 0.000456 0.00016
SEKCNH 13-Nov-2018 14-Nov-2018 0.000118 0.000067
USDCNH 13-Nov-2018 14-Nov-2018 0.000526 0.000088
CNHJPY 13-Nov-2018 14-Nov-2018 -0.001366 -0.002406
XAUTHB 13-Nov-2018 14-Nov-2018 6.97 1.65
XAUTRY 13-Nov-2018 14-Nov-2018 4.751 4.0796
XPDUSD 13-Nov-2018 14-Nov-2018 -0.0183 -0.3806
XPTUSD 13-Nov-2018 14-Nov-2018 0.0714 -0.0223
CHFRON 13-Nov-2018 14-Nov-2018 0.000533 0.000283
XAUCHF 13-Nov-2018 14-Nov-2018 0.0149 -0.0589
XAGCHF 13-Nov-2018 14-Nov-2018 0.000283 -0.000751
XAUXAG 13-Nov-2018 14-Nov-2018 0.0034 -0.0036
XPTEUR 13-Nov-2018 14-Nov-2018 0.0057 -0.0766
XPDDKK 13-Nov-2018 14-Nov-2018 0.183783 -0.183779
XPTDKK 13-Nov-2018 14-Nov-2018 0.1403 -0.1403
CNHDKK 13-Nov-2018 14-Nov-2018 -0.000086 -0.00015
XAURUB 13-Nov-2018 14-Nov-2018 20.4849 12.4576
XPTZAR 13-Nov-2018 14-Nov-2018 2.64 0.85
CADSGD 13-Nov-2018 14-Nov-2018 0.000031 -0.000035
XAUCNH 13-Nov-2018 14-Nov-2018 1.2343 0.6345
CADHKD 13-Nov-2018 14-Nov-2018 0.00002 -0.000291
AUDAED 13-Nov-2018 14-Nov-2018 0.000011 -0.000198
CADRON 13-Nov-2018 14-Nov-2018 0.000194 0.000005
CHFRUB 13-Nov-2018 14-Nov-2018 0.016626 0.012854
GBPRON 13-Nov-2018 14-Nov-2018 0.000465 0.000144
CADCZK 13-Nov-2018 14-Nov-2018 0.00043 -0.0005
CADHUF 13-Nov-2018 14-Nov-2018 -0.0032 -0.0155
GBPRUB 13-Nov-2018 14-Nov-2018 0.017882 0.013038
RUBDKK 13-Nov-2018 14-Nov-2018 -0.000018 -0.000024
NOKRON 13-Nov-2018 14-Nov-2018 0.000042 0.000011
DKKAED 13-Nov-2018 14-Nov-2018 0.000042 -0.000005
ZARAED 13-Nov-2018 14-Nov-2018 -0.00003 -0.000052
CADZAR 13-Nov-2018 14-Nov-2018 0.001714 0.001137
PLNZAR 13-Nov-2018 14-Nov-2018 0.000609 0.000396
JPYAED 13-Nov-2018 14-Nov-2018 0.000003 -0.000001
NOKAED 13-Nov-2018 14-Nov-2018 0.000015 -0.000021
CZKRUB 13-Nov-2018 14-Nov-2018 0.00054 0.000367
SGDAED 13-Nov-2018 14-Nov-2018 0.000048 -0.000193
SGDCNH 13-Nov-2018 14-Nov-2018 0.000507 0.000132
PLNRUB 13-Nov-2018 14-Nov-2018 0.003263 0.002224
XAUSGD 13-Nov-2018 14-Nov-2018 0.14 0.0194