CLOSE OF BUSINESS ACCOUNTING. 13.1 Daily Swaps of Contracts (other than Futures CFDs)
CLOSE OF BUSINESS ACCOUNTING. 6.1 Daily Swaps of Contracts When you hold a Contract or Contracts overnight they will be rolled to the next Business Day which may result in you paying a Swap Charge or receiving a Swap Benefit. You should refer to our Product Schedule for detailed information on whether Swap Charge or Swap Benefit is applicable to a particular Product. The amount of a Swap Charge or Swap Benefit is determined by us and depends on our Swap Rate, being the rates at which you receive or pay interest on Positions that remain open overnight. This is a varying rate dependent upon the applicable rate in the Interbank Rates for the currencies or Bullion, the duration of the rollover period and the size of the Position.
CLOSE OF BUSINESS ACCOUNTING. 13.1 When will we account
CLOSE OF BUSINESS ACCOUNTING. 8.6.1 Daily Swaps of Contracts (other than Futures CFDs) When you hold a Position or Positions overnight (other than Futures CFDs) they will be rolled to the next Business Day which will result in you paying a Swap Charge or receiving a Swap Benefit. The amount is determined by us and depends on our Swap Rate, being the rates at which you receive or pay interest on Positions that remain open overnight. This is a varying rate dependent upon the applicable rate in the Interbank Rates for the currencies or Bullion, the duration of the rollover period and the size of the Position.
8.6.2 Whether you receive a Swap Benefit will depend on prevailing interest rates in the Interbank Market as adjusted for ZERO Markets NZ’s margin requirement with and the interest rate charged by ZERO Markets NZ’s hedging counterparty.
8.6.3 Swap Charges and Swap Benefits will be accrued in the swap value field of your open Contracts. In the event there are insufficient funds in your Account, any amount due to us because of the Swap Charges becomes a debt due and owing by you to us.
CLOSE OF BUSINESS ACCOUNTING. 12.1 When we Account Commencing at Close of Business on the date of the transaction and at Close of Business on each subsequent Business Day during the terms of the Margin Contracts, (including the Closing Date), we will account under this clause 12.
CLOSE OF BUSINESS ACCOUNTING. 8.6.1 Daily Swaps of Contracts (other than Futures CFDs)
8.6.2 Whether you receive a Swap Benefit will depend on prevailing interest rates in the Interbank Market as adjusted for RV Forex’s margin requirement with and the interest rate charged by RV Forex’s hedging counterparty.
8.6.3 Swap Charges and Swap Benefits will be accrued in the swap value field of your open Contracts. In the event there are insufficient funds in your Account, any amount due to us because of the Swap Charges becomes a debt due and owing by you to us.
CLOSE OF BUSINESS ACCOUNTING. 13.1. When we account Commencing at Close of Business on the date of the transac�on and at Close of Business on each subsequent Business Day during the terms of the Margin Contracts or CFDs, (including the Closing Date), we will account under this clause 13.
13.2. Contract value We will calculate the Contract Value, which will equal Contract Price x Contract Quan�ty.
13.3. Contract value at close At the �me of closing we will calculate the Contract Price in accordance with the following:
CLOSE OF BUSINESS ACCOUNTING. 3.1 The Underlying Contract Price of a Spot on a single Security shall equal the mid market price of the relevant Security at the close of trading on the relevant exchange on such Business Day.
3.2 If such Underlying Contract Price is determined on a day on which the exchange on which the relevant Security has its primary listing is closed, it shall equal the mid market price of the relevant Security at the close of trading on the preceding Business Day for which such exchange was open.
CLOSE OF BUSINESS ACCOUNTING. 5.1 Commencing at Close of Business on the date of the Contract and at Close of Business on each subsequent Business Day during the term of the Spot (including the Closing Date), we shall perform the obligations set out in this paragraph.
5.2 We shall determine the Underlying Contract Price in accordance with paragraph 3 of the relevant Part of Appendix I.
CLOSE OF BUSINESS ACCOUNTING. The Underlying Contract Price shall be a mid price calculated under paragraph 2 above. All positions left open at Close of Business will be rolled over to the next Business Day at the EML Rollover Rate.
