Nights. The method of calculation of the Swap Fees varies according to the type of FX/CFD to which it applies. Moreover, the amount of the Swap Fees will vary as it is linked to rates such as LIBOR. The Swap Fees will be credited or debited (as appropriate) to Customer’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the Swap Fees, the rates used and/or the types of FX/CFDs to which the Swap Fees applies. For certain types of FX/CFDs, a commission is payable by Customer to open and close FX/CFD positions. Such payable commission will be debited from Customer’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our Swap Fees and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion.
Appears in 9 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
