a Triple Swap question
Don't give the brokers any ideas :)
There is no trading on Saturday and Sunday, so no additional swap as you can only pay swap for 7 days and the extra 2 are paid Wednesday
Keith Watford:
HelloDon't give the brokers any ideas :)
There is no trading on Saturday and Sunday, so no additional swap as you can only pay swap for 7 days and the extra 2 are paid Wednesday
Could you please clarify more?, the trade made on thursday, why wouldn't be charged for werkend, its settlement is weekend no?
ZAHER-SLT:
Hello
Hello
Could you please clarify more?, the trade made on thursday, why wouldn't be charged for werkend, its settlement is weekend no?
No, settlement is 2 business days after the transaction date.
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Hi
Brokers charges triple swap for positions rollover from Wednesday to Thursday due to T+2 settlement.
But what about for positions rollover from Thursday to Friday?? It will be settled on next Tuesday and therefore it also incurred swap for Saturday and Sunday. doesn't it?
So why not Brokers charged triple swap for positions rollover from Thursday to Friday??
Thanks