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 18-Oct-2018 19-Oct-2018 0.000017 -0.000033
AUDJPY 18-Oct-2018 19-Oct-2018 -0.0023 -0.0065
AUDNZD 18-Oct-2018 19-Oct-2018 0.000023 -0.000036
AUDUSD 18-Oct-2018 19-Oct-2018 0.000029 -0.000009
CADCHF 18-Oct-2018 19-Oct-2018 -0.000028 -0.000069
CADJPY 18-Oct-2018 19-Oct-2018 -0.0017 -0.0063
CHFJPY 18-Oct-2018 19-Oct-2018 0.005 -0.001
CHFNOK 18-Oct-2018 19-Oct-2018 0.000581 0.000157
EURAUD 18-Oct-2018 19-Oct-2018 0.000142 0.000058
EURCAD 18-Oct-2018 19-Oct-2018 0.000119 0.00004
EURCHF 18-Oct-2018 19-Oct-2018 0.000018 -0.000041
EURCZK 18-Oct-2018 19-Oct-2018 0.0019 0.00052
EURDKK 18-Oct-2018 19-Oct-2018 0.000153 -0.000236
EURGBP 18-Oct-2018 19-Oct-2018 0.00005 0.000006
EURJPY 18-Oct-2018 19-Oct-2018 0.0043 -0.0024
EURNOK 18-Oct-2018 19-Oct-2018 0.000565 0.000087
EURSEK 18-Oct-2018 19-Oct-2018 0.000263 -0.000271
EURUSD 18-Oct-2018 19-Oct-2018 0.000118 0.000058
GBPAUD 18-Oct-2018 19-Oct-2018 0.000102 0.000008
GBPCAD 18-Oct-2018 19-Oct-2018 0.000081 -0.000008
GBPCHF 18-Oct-2018 19-Oct-2018 -0.000022 -0.000089
GBPDKK 18-Oct-2018 19-Oct-2018 -0.000101 -0.00054
GBPJPY 18-Oct-2018 19-Oct-2018 0.0001 -0.0075
GBPNOK 18-Oct-2018 19-Oct-2018 0.000297 -0.000244
GBPNZD 18-Oct-2018 19-Oct-2018 0.0001 -0.000006
GBPSEK 18-Oct-2018 19-Oct-2018 -0.000081 -0.000685
GBPSGD 18-Oct-2018 19-Oct-2018 0.000095 -0.000019
GBPUSD 18-Oct-2018 19-Oct-2018 0.000092 0.000024
NOKSEK 18-Oct-2018 19-Oct-2018 -0.000009 -0.000067
NZDCAD 18-Oct-2018 19-Oct-2018 0.000022 -0.000026
NZDCHF 18-Oct-2018 19-Oct-2018 -0.000025 -0.000061
NZDJPY 18-Oct-2018 19-Oct-2018 -0.0015 -0.0056
NZDUSD 18-Oct-2018 19-Oct-2018 0.000032 -0.000005
USDCAD 17-Oct-2018 18-Oct-2018 0.000006 -0.000064
USDCHF 18-Oct-2018 19-Oct-2018 -0.000059 -0.000112
USDCZK 18-Oct-2018 19-Oct-2018 -0.00004 -0.00126
USDDKK 18-Oct-2018 19-Oct-2018 -0.000354 -0.000698
USDJPY 18-Oct-2018 19-Oct-2018 -0.0048 -0.0107
USDNOK 18-Oct-2018 19-Oct-2018 -0.000126 -0.000549
USDSEK 18-Oct-2018 19-Oct-2018 -0.000446 -0.000918
USDSGD 18-Oct-2018 19-Oct-2018 0.000013 -0.000076
NOKJPY 18-Oct-2018 19-Oct-2018 -0.00002 -0.00073
USDPLN 18-Oct-2018 19-Oct-2018 0.000019 -0.000176
SGDJPY 18-Oct-2018 19-Oct-2018 -0.0011 -0.0064
USDZAR 18-Oct-2018 19-Oct-2018 0.002238 0.001011
CHFSEK 18-Oct-2018 19-Oct-2018 0.000326 -0.000148
CHFDKK 18-Oct-2018 19-Oct-2018 0.000203 -0.000142
EURPLN 18-Oct-2018 19-Oct-2018 0.000345 0.000125
USDKRW 18-Oct-2018 19-Oct-2018 -0.0327 -0.0967
USDMYR 18-Oct-2018 19-Oct-2018 0.000282 0.000013
USDMXN 18-Oct-2018 19-Oct-2018 0.003635 0.001893
USDPHP 17-Oct-2018 18-Oct-2018 0.00819 0.00135
USDSAR 18-Oct-2018 22-Oct-2018 0.000196 -0.000867
USDTHB 18-Oct-2018 19-Oct-2018 0.00329 -0.0012
USDTWD 18-Oct-2018 19-Oct-2018 -0.00088 -0.00264
USDIDR 18-Oct-2018 19-Oct-2018 3.31 2.4
USDAED 18-Oct-2018 22-Oct-2018 -0.000097 -0.001257
NOKDKK 18-Oct-2018 19-Oct-2018 -0.00001 -0.000053
SEKDKK 18-Oct-2018 19-Oct-2018 0.000016 -0.000024
EURHUF 18-Oct-2018 19-Oct-2018 0.0125 -0.0047
EURNZD 18-Oct-2018 19-Oct-2018 0.000144 0.000051
EURZAR 18-Oct-2018 19-Oct-2018 0.003825 0.002425
USDBRL 18-Oct-2018 19-Oct-2018 0.001356 -0.000306
USDHUF 18-Oct-2018 19-Oct-2018 -0.0102 -0.0254
USDINR 19-Oct-2018 22-Oct-2018 0.020032 0.006778
SEKJPY 18-Oct-2018 19-Oct-2018 0.00043 -0.00024
EURMXN 18-Oct-2018 19-Oct-2018 0.00584 0.003849
CADDKK 18-Oct-2018 19-Oct-2018 -0.000158 -0.000429
AUDDKK 18-Oct-2018 19-Oct-2018 -0.000188 -0.000432
NZDDKK 18-Oct-2018 19-Oct-2018 -0.000143 -0.000376
PLNJPY 18-Oct-2018 19-Oct-2018 -0.00065 -0.00223
PLNDKK 18-Oct-2018 19-Oct-2018 -0.000058 -0.000152
SGDDKK 18-Oct-2018 19-Oct-2018 -0.000122 -0.000428
DKKJPY 18-Oct-2018 19-Oct-2018 0.00069 -0.00024
USDILS 18-Oct-2018 19-Oct-2018 -0.000165 -0.00036
EURSGD 18-Oct-2018 19-Oct-2018 0.000135 0.000034
AUDCHF 18-Oct-2018 19-Oct-2018 -0.000032 -0.00007
GBPZAR 18-Oct-2018 19-Oct-2018 0.003753 0.002168
NZDNOK 18-Oct-2018 19-Oct-2018 0.000031 -0.000256
CADNOK 18-Oct-2018 19-Oct-2018 0.000048 -0.000285
CHFPLN 18-Oct-2018 19-Oct-2018 0.000341 0.000146
GBPHUF 18-Oct-2018 19-Oct-2018 0.0024 -0.017
EURAED 18-Oct-2018 22-Oct-2018 0.001169 -0.000154
EURSAR 18-Oct-2018 22-Oct-2018 0.001535 0.000325
XAUUSD 18-Oct-2018 19-Oct-2018 0.1203 0.0468
XAGUSD 18-Oct-2018 19-Oct-2018 0.001493 0.00039
NZDSGD 18-Oct-2018 19-Oct-2018 0.000028 -0.000033
GBPPLN 18-Oct-2018 19-Oct-2018 0.000236 -0.000014
USDRUB 17-Oct-2018 18-Oct-2018 0.011181 0.005063
AUDCZK 18-Oct-2018 19-Oct-2018 0.0002 -0.00067
AUDHUF 18-Oct-2018 19-Oct-2018 -0.0044 -0.0153
AUDPLN 18-Oct-2018 19-Oct-2018 0.000051 -0.000087
AUDSGD 18-Oct-2018 19-Oct-2018 0.000023 -0.00004
CHFCZK 18-Oct-2018 19-Oct-2018 0.0019 0.00068
CHFHUF 18-Oct-2018 19-Oct-2018 0.014 -0.0013
CHFZAR 18-Oct-2018 19-Oct-2018 0.003491 0.002257
DKKCZK 18-Oct-2018 19-Oct-2018 0.00028 0.00008
DKKHUF 18-Oct-2018 19-Oct-2018 0.002 -0.0005
DKKTHB 18-Oct-2018 19-Oct-2018 0.001 0.0002
DKKZAR 18-Oct-2018 19-Oct-2018 0.000528 0.000335
EURTHB 18-Oct-2018 19-Oct-2018 0.00664 0.0015
GBPCZK 18-Oct-2018 19-Oct-2018 0.00122 -0.00035
GBPTHB 18-Oct-2018 19-Oct-2018 0.006179 0.000341
NZDCZK 18-Oct-2018 19-Oct-2018 0.00029 -0.00054
NZDHUF 18-Oct-2018 19-Oct-2018 -0.0028 -0.0131
NZDPLN 18-Oct-2018 19-Oct-2018 0.000065 -0.000068
NZDSEK 18-Oct-2018 19-Oct-2018 -0.000169 -0.000489
NZDTHB 18-Oct-2018 19-Oct-2018 0.00262 -0.000365
EURTRY 18-Oct-2018 19-Oct-2018 0.004776 0.003978
USDTRY 17-Oct-2018 18-Oct-2018 0.003699 0.003003
GBPAED 18-Oct-2018 22-Oct-2018 0.0008 -0.0008
GBPMXN 18-Oct-2018 19-Oct-2018 0.005854 0.003599
XAUEUR 18-Oct-2018 19-Oct-2018 0.0231 -0.0393
XAUJPY 18-Oct-2018 19-Oct-2018 4.05 -4.16
XAGEUR 18-Oct-2018 19-Oct-2018 0.000322 -0.000618
XAGJPY 18-Oct-2018 19-Oct-2018 0.0544 -0.069
XAUAUD 18-Oct-2018 19-Oct-2018 0.1438 0.0415
PLNSEK 18-Oct-2018 19-Oct-2018 -0.000069 -0.000197
XAGAUD 18-Oct-2018 19-Oct-2018 0.0018 0.0002
ZARJPY 18-Oct-2018 19-Oct-2018 -0.0011 -0.0018
SGDPLN 18-Oct-2018 19-Oct-2018 0.000092 -0.000082
TRYDKK 18-Oct-2018 19-Oct-2018 -0.000689 -0.000829
AUDTRY 18-Oct-2018 19-Oct-2018 0.0027 0.002204
CADTRY 17-Oct-2018 18-Oct-2018 0.002957 0.002416
CHFTRY 18-Oct-2018 19-Oct-2018 0.004229 0.003528
CHFSGD 18-Oct-2018 19-Oct-2018 0.000133 0.000043
GBPTRY 18-Oct-2018 19-Oct-2018 0.0052 0.004295
NZDTRY 18-Oct-2018 19-Oct-2018 0.002518 0.002054
NZDZAR 18-Oct-2018 19-Oct-2018 0.001672 0.000851
MXNJPY 18-Oct-2018 19-Oct-2018 -0.001014 -0.001568
TRYJPY 18-Oct-2018 19-Oct-2018 -0.0117 -0.0142
AUDZAR 18-Oct-2018 19-Oct-2018 0.001739 0.000869
CADPLN 18-Oct-2018 19-Oct-2018 0.000081 -0.000072
CADMXN 18-Oct-2018 19-Oct-2018 0.00314 0.001783
AUDSEK 18-Oct-2018 19-Oct-2018 -0.000228 -0.000563
USDRON 18-Oct-2018 19-Oct-2018 0.000166 -0.000179
EURRON 18-Oct-2018 19-Oct-2018 0.000544 0.000151
GBPILS 18-Oct-2018 19-Oct-2018 -0.00001 -0.00026
ILSDKK 18-Oct-2018 19-Oct-2018 0.000031 -0.000065
MXNDKK 18-Oct-2018 19-Oct-2018 -0.000068 -0.000089
NZDMXN 18-Oct-2018 19-Oct-2018 0.002657 0.001491
AUDNOK 18-Oct-2018 19-Oct-2018 -0.000008 -0.000308
CHFMXN 18-Oct-2018 19-Oct-2018 0.005299 0.003546
AUDMXN 18-Oct-2018 19-Oct-2018 0.002783 0.001546
EURRUB 18-Oct-2018 19-Oct-2018 0.018652 0.011652
SARDKK 18-Oct-2018 22-Oct-2018 -0.00016 -0.000654
XAGDKK 18-Oct-2018 19-Oct-2018 0.003234 -0.00212
XAUDKK 18-Oct-2018 19-Oct-2018 0.2442 -0.1911
CZKPLN 18-Oct-2018 19-Oct-2018 0.000006 -0.000003
PLNHUF 18-Oct-2018 19-Oct-2018 -0.0011 -0.0053
CADSEK 18-Oct-2018 19-Oct-2018 -0.000185 -0.000556
HUFJPY 18-Oct-2018 19-Oct-2018 0.000009 -0.000013
TRYZAR 18-Oct-2018 19-Oct-2018 -0.001029 -0.001336
XAUGBP 18-Oct-2018 19-Oct-2018 0.05 -0.0045
EURILS 18-Oct-2018 19-Oct-2018 0.000128 -0.000094
AUDILS 18-Oct-2018 19-Oct-2018 -0.000081 -0.00022
CHFILS 18-Oct-2018 19-Oct-2018 0.000103 -0.000092
CZKNOK 18-Oct-2018 19-Oct-2018 0.000006 -0.000015
CZKSEK 18-Oct-2018 19-Oct-2018 -0.000007 -0.00003
CZKSGD 18-Oct-2018 19-Oct-2018 0.000002 -0.000003
CZKZAR 18-Oct-2018 19-Oct-2018 0.000109 0.000073
HUFCZK 18-Oct-2018 19-Oct-2018 0.000006 0
HUFMXN 18-Oct-2018 19-Oct-2018 0.000017 0.000012
HUFNOK 18-Oct-2018 19-Oct-2018 0.000002 -0.000001
HUFSEK 18-Oct-2018 19-Oct-2018 0.000001 -0.000002
HUFSGD 18-Oct-2018 19-Oct-2018 0.000001 0
HUFZAR 18-Oct-2018 19-Oct-2018 0.000011 0.000007
ILSJPY 18-Oct-2018 19-Oct-2018 0.000771 -0.000857
ILSNZD 18-Oct-2018 19-Oct-2018 0.000031 0.000005
NOKPLN 18-Oct-2018 19-Oct-2018 0.000021 -0.000003
NOKSGD 18-Oct-2018 19-Oct-2018 0.000009 -0.000003
NOKZAR 18-Oct-2018 19-Oct-2018 0.000317 0.000225
SEKSGD 18-Oct-2018 19-Oct-2018 0.000014 0.000003
SEKZAR 18-Oct-2018 19-Oct-2018 0.000347 0.00026
SGDZAR 18-Oct-2018 19-Oct-2018 0.001755 0.001081
XAGGBP 18-Oct-2018 19-Oct-2018 0.000638 -0.000183
CZKJPY 18-Oct-2018 19-Oct-2018 -0.000064 -0.000335
NOKTRY 18-Oct-2018 19-Oct-2018 0.000471 0.000408
SEKTRY 18-Oct-2018 19-Oct-2018 0.000453 0.000395
TRYCZK 18-Oct-2018 19-Oct-2018 -0.002246 -0.002603
XAUTHB 18-Oct-2018 19-Oct-2018 6.9 1.1
XAUTRY 18-Oct-2018 19-Oct-2018 5.0304 4.1246
XPDUSD 18-Oct-2018 19-Oct-2018 0.064 -0.2881
XPTUSD 18-Oct-2018 19-Oct-2018 0.1068 -0.0287
CHFRON 18-Oct-2018 19-Oct-2018 0.000519 0.000171
XAUCHF 18-Oct-2018 19-Oct-2018 0.0145 -0.058
XAGCHF 18-Oct-2018 19-Oct-2018 0.000226 -0.000863
XAUXAG 18-Oct-2018 19-Oct-2018 0.0039 -0.0032
XPTEUR 18-Oct-2018 19-Oct-2018 0.037 -0.0794
USDCLP 17-Oct-2018 18-Oct-2018 0.0751 0.036
XPDDKK 18-Oct-2018 19-Oct-2018 0.174033 -0.174029
XPTDKK 18-Oct-2018 19-Oct-2018 0.1357 -0.1357
XAURUB 18-Oct-2018 19-Oct-2018 19.4952 11.3716
XPTZAR 18-Oct-2018 19-Oct-2018 3.08 0.75
CADSGD 18-Oct-2018 19-Oct-2018 0.000035 -0.000035
AUDAED 18-Oct-2018 22-Oct-2018 0.000078 -0.000746
CADRON 18-Oct-2018 19-Oct-2018 0.000201 -0.000069
CHFRUB 18-Oct-2018 19-Oct-2018 0.015882 0.011919
GBPRON 18-Oct-2018 19-Oct-2018 0.000449 0.000002
CADCZK 18-Oct-2018 19-Oct-2018 0.00037 -0.00059
CADHUF 18-Oct-2018 19-Oct-2018 -0.0029 -0.0148
GBPRUB 18-Oct-2018 19-Oct-2018 0.017031 0.011959
RUBDKK 18-Oct-2018 19-Oct-2018 -0.000017 -0.000023
NOKRON 18-Oct-2018 19-Oct-2018 0.000041 -0.000002
DKKAED 18-Oct-2018 22-Oct-2018 0.000172 -0.000011
USDCOP 17-Oct-2018 18-Oct-2018 -0.0877 -0.2658
USDPEN 18-Oct-2018 19-Oct-2018 -0.000094 -0.000286
ZARAED 18-Oct-2018 22-Oct-2018 -0.000124 -0.000208
CADZAR 18-Oct-2018 19-Oct-2018 0.001799 0.001204
PLNZAR 18-Oct-2018 19-Oct-2018 0.000621 0.000416
JPYAED 18-Oct-2018 22-Oct-2018 0.000009 -0.000003
NOKAED 18-Oct-2018 22-Oct-2018 0.000063 -0.00008
CZKRUB 18-Oct-2018 19-Oct-2018 0.000541 0.000358
SGDAED 18-Oct-2018 22-Oct-2018 0.000238 -0.000734
PLNRUB 18-Oct-2018 19-Oct-2018 0.003093 0.00203
XAUSGD 18-Oct-2018 19-Oct-2018 0.137 0.0159