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 24-May-2018 25-May-2018 0.000012 -0.00004
AUDJPY 24-May-2018 25-May-2018 -0.0024 -0.0068
AUDNZD 24-May-2018 25-May-2018 0.000036 -0.000021
AUDUSD 24-May-2018 25-May-2018 0.000023 -0.000017
CADCHF 24-May-2018 25-May-2018 -0.000022 -0.000064
CADJPY 24-May-2018 25-May-2018 -0.0012 -0.0059
CHFJPY 24-May-2018 25-May-2018 0.0047 -0.0013
CHFNOK 24-May-2018 25-May-2018 0.000566 0.000137
EURAUD 24-May-2018 25-May-2018 0.000134 0.000055
EURCAD 24-May-2018 25-May-2018 0.00011 0.00003
EURCHF 24-May-2018 25-May-2018 0.000019 -0.000042
EURCZK 24-May-2018 25-May-2018 0.00143 -0.00033
EURDKK 24-May-2018 25-May-2018 0.00016 -0.000238
EURGBP 24-May-2018 25-May-2018 0.000046 0.000001
EURJPY 24-May-2018 25-May-2018 0.0041 -0.0027
EURNOK 24-May-2018 25-May-2018 0.00056 0.000073
EURSEK 24-May-2018 25-May-2018 0.000222 -0.000302
EURUSD 24-May-2018 25-May-2018 0.000107 0.000045
GBPAUD 24-May-2018 25-May-2018 0.000105 0.000015
GBPCAD 24-May-2018 25-May-2018 0.000078 -0.000012
GBPCHF 24-May-2018 25-May-2018 -0.000014 -0.000084
GBPDKK 24-May-2018 25-May-2018 -0.000047 -0.0005
GBPJPY 24-May-2018 25-May-2018 0.0006 -0.0071
GBPNOK 24-May-2018 25-May-2018 0.000346 -0.000208
GBPNZD 24-May-2018 25-May-2018 0.000128 0.000028
GBPSEK 24-May-2018 25-May-2018 -0.000062 -0.000659
GBPSGD 24-May-2018 25-May-2018 0.000131 -0.000003
GBPUSD 24-May-2018 25-May-2018 0.000085 0.000016
NOKSEK 24-May-2018 25-May-2018 -0.000011 -0.000069
NZDCAD 24-May-2018 25-May-2018 0.000005 -0.000043
NZDCHF 24-May-2018 25-May-2018 -0.000034 -0.000071
NZDJPY 24-May-2018 25-May-2018 -0.0027 -0.0068
NZDUSD 24-May-2018 25-May-2018 0.000017 -0.00002
USDCAD 23-May-2018 24-May-2018 0.000011 -0.000058
USDCHF 24-May-2018 25-May-2018 -0.000047 -0.000101
USDCZK 24-May-2018 25-May-2018 -0.00019 -0.00171
USDDKK 24-May-2018 25-May-2018 -0.00027 -0.000616
USDJPY 24-May-2018 25-May-2018 -0.0036 -0.0095
USDNOK 24-May-2018 25-May-2018 -0.000042 -0.000465
USDSEK 24-May-2018 25-May-2018 -0.000369 -0.000825
USDSGD 24-May-2018 25-May-2018 0.000048 -0.000054
NOKJPY 24-May-2018 25-May-2018 -0.00002 -0.00075
USDPLN 24-May-2018 25-May-2018 0.000066 -0.000137
SGDJPY 24-May-2018 25-May-2018 -0.0016 -0.0079
USDZAR 24-May-2018 25-May-2018 0.00224 0.001107
CHFSEK 24-May-2018 25-May-2018 0.000283 -0.000178
CHFDKK 24-May-2018 25-May-2018 0.000204 -0.000146
EURPLN 24-May-2018 25-May-2018 0.000352 0.000119
USDHKD 24-May-2018 25-May-2018 -0.000114 -0.000527
USDKRW 24-May-2018 25-May-2018 -0.0172 -0.0787
USDMYR 24-May-2018 25-May-2018 0.000341 0.000072
USDMXN 24-May-2018 25-May-2018 0.004445 0.002608
USDPHP 23-May-2018 24-May-2018 0.00867 0.00201
USDSAR 24-May-2018 29-May-2018 0.000491 -0.000837
USDTHB 24-May-2018 25-May-2018 0.00329 -0.00403
USDTWD 24-May-2018 25-May-2018 -0.00046 -0.00218
USDIDR 24-May-2018 25-May-2018 3.28 2.43
USDAED 24-May-2018 29-May-2018 0.000119 -0.00133
NOKDKK 24-May-2018 25-May-2018 -0.000008 -0.000052
SEKDKK 24-May-2018 25-May-2018 0.000019 -0.000021
EURHUF 24-May-2018 25-May-2018 0.0119 -0.0049
EURNZD 24-May-2018 25-May-2018 0.000159 0.000071
EURZAR 24-May-2018 25-May-2018 0.00359 0.002272
USDBRL 24-May-2018 25-May-2018 0.001377 -0.000252
USDHUF 24-May-2018 25-May-2018 -0.0072 -0.0218
USDINR 24-May-2018 25-May-2018 0.00711 0.002998
USDCNY 24-May-2018 25-May-2018 0.000194 -0.000466
SEKJPY 24-May-2018 25-May-2018 0.00045 -0.00022
EURMXN 24-May-2018 25-May-2018 0.006721 0.004588
CADDKK 24-May-2018 25-May-2018 -0.000118 -0.00039
AUDDKK 24-May-2018 25-May-2018 -0.000187 -0.000444
NZDDKK 24-May-2018 25-May-2018 -0.000198 -0.000436
PLNJPY 24-May-2018 25-May-2018 -0.00066 -0.00235
PLNDKK 24-May-2018 25-May-2018 -0.000054 -0.000155
HKDDKK 24-May-2018 25-May-2018 -0.000001 -0.000046
SGDDKK 24-May-2018 25-May-2018 -0.000137 -0.000503
DKKJPY 24-May-2018 25-May-2018 0.00066 -0.0003
USDILS 24-May-2018 25-May-2018 -0.0001 -0.000339
EURSGD 24-May-2018 25-May-2018 0.000157 0.00004
AUDCHF 24-May-2018 25-May-2018 -0.000033 -0.000073
GBPZAR 24-May-2018 25-May-2018 0.003632 0.002135
AUDHKD 24-May-2018 25-May-2018 -0.000066 -0.000372
GBPHKD 24-May-2018 25-May-2018 0.000237 -0.000303
NZDNOK 24-May-2018 25-May-2018 -0.000043 -0.000335
EURHKD 24-May-2018 25-May-2018 0.000457 -0.000018
CADNOK 24-May-2018 25-May-2018 0.000086 -0.000248
CHFPLN 24-May-2018 25-May-2018 0.000341 0.000135
GBPHUF 24-May-2018 25-May-2018 0.0039 -0.0153
EURAED 24-May-2018 29-May-2018 0.001525 -0.000157
EURSAR 24-May-2018 29-May-2018 0.001991 0.000453
XAUUSD 24-May-2018 25-May-2018 0.1136 0.0289
XAGUSD 24-May-2018 25-May-2018 0.001574 0.000306
NZDSGD 24-May-2018 25-May-2018 0.000031 -0.00004
GBPPLN 24-May-2018 25-May-2018 0.000269 0.000004
HKDJPY 24-May-2018 25-May-2018 0.000109 -0.000634
USDRUB 23-May-2018 24-May-2018 0.010804 0.004885
AUDCZK 24-May-2018 25-May-2018 -0.00008 -0.00122
AUDHUF 24-May-2018 25-May-2018 -0.0047 -0.0156
AUDPLN 24-May-2018 25-May-2018 0.000059 -0.000092
AUDSGD 24-May-2018 25-May-2018 0.00004 -0.000036
CHFCZK 24-May-2018 25-May-2018 0.00146 -0.00008
CHFHUF 24-May-2018 25-May-2018 0.0132 -0.0017
CHFZAR 24-May-2018 25-May-2018 0.003207 0.002062
DKKCZK 24-May-2018 25-May-2018 0.00022 -0.00004
DKKHUF 24-May-2018 25-May-2018 0.0019 -0.0005
DKKTHB 24-May-2018 25-May-2018 0.0009 -0.0003
DKKZAR 24-May-2018 25-May-2018 0.000496 0.000312
EURTHB 24-May-2018 25-May-2018 0.00628 -0.00228
GBPCZK 24-May-2018 25-May-2018 0.00083 -0.00117
GBPTHB 24-May-2018 25-May-2018 0.005997 -0.003746
NZDCZK 24-May-2018 25-May-2018 -0.00017 -0.00122
NZDHUF 24-May-2018 25-May-2018 -0.0054 -0.0156
NZDPLN 24-May-2018 25-May-2018 0.000039 -0.000101
NZDSEK 24-May-2018 25-May-2018 -0.00027 -0.000585
NZDTHB 24-May-2018 25-May-2018 0.002208 -0.002833
EURTRY 24-May-2018 25-May-2018 0.00228 0.001736
USDTRY 23-May-2018 24-May-2018 0.001633 0.001166
GBPAED 24-May-2018 29-May-2018 0.0011 -0.0009
GBPMXN 24-May-2018 25-May-2018 0.006941 0.004517
XAUEUR 24-May-2018 25-May-2018 0.025 -0.0458
XAUJPY 24-May-2018 25-May-2018 4.08 -5.31
XAGEUR 24-May-2018 25-May-2018 0.000422 -0.000641
XAGJPY 24-May-2018 25-May-2018 0.0655 -0.0751
XAUAUD 24-May-2018 25-May-2018 0.1432 0.0325
PLNSEK 24-May-2018 25-May-2018 -0.000074 -0.000206
XAGAUD 24-May-2018 25-May-2018 0.002 0.0003
ZARJPY 24-May-2018 25-May-2018 -0.0012 -0.0021
SGDPLN 24-May-2018 25-May-2018 0.000086 -0.000128
TRYDKK 24-May-2018 25-May-2018 -0.000417 -0.000552
XAGHKD 24-May-2018 25-May-2018 0.007064 -0.002906
XAUHKD 24-May-2018 25-May-2018 0.4785 -0.1876
AUDTRY 24-May-2018 25-May-2018 0.001244 0.000895
CADTRY 23-May-2018 24-May-2018 0.001339 0.000974
CHFTRY 24-May-2018 25-May-2018 0.002004 0.001531
CHFSGD 24-May-2018 25-May-2018 0.000149 0.000046
GBPTRY 24-May-2018 25-May-2018 0.002425 0.001808
NZDTRY 24-May-2018 25-May-2018 0.001119 0.000796
NZDZAR 24-May-2018 25-May-2018 0.001523 0.000743
MXNJPY 24-May-2018 25-May-2018 -0.001062 -0.001579
TRYJPY 24-May-2018 25-May-2018 -0.007 -0.0094
AUDZAR 24-May-2018 25-May-2018 0.001721 0.000877
CADPLN 24-May-2018 25-May-2018 0.000104 -0.000056
CADMXN 24-May-2018 25-May-2018 0.003745 0.002308
SGDHKD 24-May-2018 25-May-2018 -0.000006 -0.000447
AUDSEK 24-May-2018 25-May-2018 -0.000256 -0.000594
USDRON 24-May-2018 25-May-2018 0.0002 -0.000093
EURRON 24-May-2018 25-May-2018 0.000531 0.000192
GBPILS 24-May-2018 25-May-2018 0.000043 -0.000271
ILSDKK 24-May-2018 25-May-2018 0.000045 -0.000065
MXNDKK 24-May-2018 25-May-2018 -0.000069 -0.000089
NZDMXN 24-May-2018 25-May-2018 0.003029 0.001766
AUDNOK 24-May-2018 25-May-2018 -0.00001 -0.000324
CHFMXN 24-May-2018 25-May-2018 0.005968 0.004113
AUDMXN 24-May-2018 25-May-2018 0.003401 0.002033
EURRUB 24-May-2018 25-May-2018 0.017345 0.010454
SARDKK 24-May-2018 29-May-2018 -0.000204 -0.000822
XAGDKK 24-May-2018 25-May-2018 -0.001619 -0.007579
XAUDKK 24-May-2018 25-May-2018 -0.1264 -0.5915
CZKPLN 24-May-2018 25-May-2018 0.000012 -0.000001
PLNHUF 24-May-2018 25-May-2018 -0.0011 -0.0054
CADSEK 24-May-2018 25-May-2018 -0.00016 -0.00052
HUFJPY 24-May-2018 25-May-2018 0.000009 -0.000014
TRYZAR 24-May-2018 25-May-2018 -0.000292 -0.000564
XAUGBP 24-May-2018 25-May-2018 0.0479 -0.0142
EURILS 24-May-2018 25-May-2018 0.000151 -0.000125
AUDILS 24-May-2018 25-May-2018 -0.000066 -0.000244
CHFHKD 24-May-2018 25-May-2018 0.000475 0.000057
CHFILS 24-May-2018 25-May-2018 0.00013 -0.00009
CZKHKD 24-May-2018 25-May-2018 0.000014 -0.000012
CZKNOK 24-May-2018 25-May-2018 0.000018 -0.000009
CZKSEK 24-May-2018 25-May-2018 0.000004 -0.000024
CZKSGD 24-May-2018 25-May-2018 0.000002 -0.000003
CZKZAR 24-May-2018 25-May-2018 0.000123 0.00008
HKDHUF 24-May-2018 25-May-2018 0.000495 -0.001371
HKDMXN 24-May-2018 25-May-2018 0.000628 0.000477
HKDNOK 24-May-2018 25-May-2018 0.000037 -0.000018
HKDNZD 24-May-2018 25-May-2018 0.000013 0.000003
HKDPLN 24-May-2018 25-May-2018 0.000028 0.000001
HKDSEK 24-May-2018 25-May-2018 -0.000001 -0.00006
HKDZAR 24-May-2018 25-May-2018 0.000326 0.000233
HUFCZK 24-May-2018 25-May-2018 0.000004 -0.000003
HUFMXN 24-May-2018 25-May-2018 0.00002 0.000014
HUFNOK 24-May-2018 25-May-2018 0.000002 -0.000001
HUFSEK 24-May-2018 25-May-2018 0.000001 -0.000002
HUFSGD 24-May-2018 25-May-2018 0.000001 0
HUFZAR 24-May-2018 25-May-2018 0.000011 0.000007
ILSJPY 24-May-2018 25-May-2018 0.000779 -0.001125
ILSNZD 24-May-2018 25-May-2018 0.000032 0.000004
NOKPLN 24-May-2018 25-May-2018 0.000023 -0.000003
NOKSGD 24-May-2018 25-May-2018 0.000012 -0.000002
NOKZAR 24-May-2018 25-May-2018 0.000301 0.000212
SEKSGD 24-May-2018 25-May-2018 0.000017 0.000004
SEKZAR 24-May-2018 25-May-2018 0.000333 0.00025
SGDZAR 24-May-2018 25-May-2018 0.001642 0.000893
XAGGBP 24-May-2018 25-May-2018 0.000702 -0.000229
CZKJPY 24-May-2018 25-May-2018 0.000094 -0.000257
NOKTRY 24-May-2018 25-May-2018 0.000211 0.000172
SEKTRY 24-May-2018 25-May-2018 0.000216 0.00018
TRYCZK 24-May-2018 25-May-2018 -0.001363 -0.001739
AUDCNH 24-May-2018 25-May-2018 0.000289 0.000026
CADCNH 24-May-2018 25-May-2018 0.000374 0.000095
CHFCNH 24-May-2018 25-May-2018 0.000843 0.000484
EURCNH 24-May-2018 25-May-2018 0.000905 0.000497
GBPCNH 24-May-2018 25-May-2018 0.000801 0.000336
HKDCNH 24-May-2018 25-May-2018 0.00008 0.000034
NOKCNH 24-May-2018 25-May-2018 0.00007 0.000025
NZDCNH 24-May-2018 25-May-2018 0.000238 -0.000006
SEKCNH 24-May-2018 25-May-2018 0.000092 0.00005
USDCNH 24-May-2018 25-May-2018 0.000362 0.000007
CNHJPY 24-May-2018 25-May-2018 -0.00105 -0.00202
XAUTHB 24-May-2018 25-May-2018 6.8 -3.19
XAUTRY 24-May-2018 25-May-2018 2.4878 1.8034
XPDUSD 24-May-2018 25-May-2018 0.0044 -0.21
XPTUSD 24-May-2018 25-May-2018 0.1195 -0.0263
CHFRON 24-May-2018 25-May-2018 0.000497 0.000201
XAUCHF 24-May-2018 25-May-2018 0.0175 -0.067
XAGCHF 24-May-2018 25-May-2018 0.000342 -0.000921
XAUXAG 24-May-2018 25-May-2018 0.0034 -0.0037
XPTEUR 24-May-2018 25-May-2018 0.0514 -0.0718
USDCLP 23-May-2018 24-May-2018 0.0783 0.0418
XPDDKK 24-May-2018 25-May-2018 0.157042 -0.157038
XPTDKK 24-May-2018 25-May-2018 0.1436 -0.1436
CNHDKK 24-May-2018 25-May-2018 -0.000069 -0.000128
XAURUB 24-May-2018 25-May-2018 18.8541 10.1515
XPTZAR 24-May-2018 25-May-2018 3.25 0.97
CADSGD 24-May-2018 25-May-2018 0.000057 -0.000023
XAUCNH 24-May-2018 25-May-2018 0.9748 0.4086
CADHKD 24-May-2018 25-May-2018 0.000026 -0.0003
AUDAED 24-May-2018 29-May-2018 0.000137 -0.000944
CADRON 24-May-2018 25-May-2018 0.000213 -0.000017
CHFRUB 24-May-2018 25-May-2018 0.014458 0.010534
GBPRON 24-May-2018 25-May-2018 0.000463 0.000077
CADCZK 24-May-2018 25-May-2018 0.00017 -0.00103
CADHUF 24-May-2018 25-May-2018 -0.0016 -0.0132
GBPRUB 24-May-2018 25-May-2018 0.016191 0.011079
RUBDKK 24-May-2018 25-May-2018 -0.000017 -0.000024
NOKRON 24-May-2018 25-May-2018 0.00004 0.000003
DKKAED 24-May-2018 29-May-2018 0.000225 -0.000011
USDCOP 23-May-2018 24-May-2018 -0.0434 -0.2077
USDPEN 24-May-2018 25-May-2018 -0.000049 -0.000238
ZARAED 24-May-2018 29-May-2018 -0.000179 -0.000301
CADZAR 24-May-2018 25-May-2018 0.001764 0.0012
PLNZAR 24-May-2018 25-May-2018 0.000597 0.000389
JPYAED 24-May-2018 29-May-2018 0.000011 -0.000003
NOKAED 24-May-2018 29-May-2018 0.000086 -0.000094
CZKRUB 24-May-2018 25-May-2018 0.000595 0.000369
SGDAED 24-May-2018 30-May-2018 0.000329 -0.001343
SGDCNH 24-May-2018 25-May-2018 0.000334 -0.000039