Common use of Financing Charge Clause in Contracts

Financing Charge. 4. A daily financing charge may apply to each open CFD position. The financing charge is either paid by you to us or by us to you. The financing charge will be credited or debited to your account. In the event that you have insufficient funds or fail to pay the financing charge when it falls due we will be entitled to close out your relevant CFD position with immediate effect.

Financing Charge. 4. A daily financing charge may apply to each open CFD positionposition at the close of the trading day. The financing charge is either paid by you to us or by us to you, depending on whether you hold a long position or a short position. The financing charge will be credited or debited (as appropriate) to your accountaccount on the next trading day after the day to which it relates. In the event that you have insufficient funds or fail to pay the financing charge when it falls due we will be entitled to close out your relevant CFD position with immediate effect.