Overnight Rollover. On Wednesday at 21:00 GMT, overnight rollover fees for FX pairs are multiplied by three (x3) in order to compensate for the upcoming weekend, for all other instruments, the overnight rollover fees are multiplied by three (x3) on Friday. The premium amount shall be determined by JME Financial Services (Pty) Ltd from time to time, in the Company’s sole and absolute discretion. Customer hereby authorises JME Financial Services (Pty) Ltd to add or subtract the premium to or from Customer’s account for any open transaction that has accrued a premium, in accordance with the applicable rate thereto, each day at the time of collection specified on the trading platform for each individual instrument, as applicable.
Appears in 4 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
