Common use of Rollovers, Interest Clause in Contracts

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’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 financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates 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 interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Rollovers, Interest. (a) A daily financing charge may apply to each FX/CFD open position at the closing of the CompanyJME Financial Services (Pty) Ltd’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client Customer directly to the Company Company, or it will be paid by the Company to Clientthe Customer, depending on the type of FX/CFD and the nature of the position Client Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Clientor from Customer’s account on the next trading day following the day to which it relates. . (b) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is might be payable by Client Customer to open and close FX/CFD positions. Such commission payable will be debited from ClientCustomer’s account at the same time as the Company opens or closes the relevant FX/CFDCFD when occurs. Changes in our swap interest rates and calculations shall be at our own the Company’s sole and absolute discretion and without notice. Clients need to always check our website for the then then-current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's Company’s sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue . (c) Any open CFD transaction held by Customer at the end of the same trading day as determined by the Company or a similar securityover the weekend, or moving a forex position shall automatically be rolled over to the following delivery datenext Business Day so as to avoid an automatic close and physical settlement of the transaction. Energy products offered Customer acknowledges that when rolling over such transactions to Clientsthe next Business Day, as specified on a premium may be either added or subtracted from Customer’s account with respect to such transaction. The platform(s) calculates overnight rollover at 21:00 GMT and the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be rollover charge/credit is debited or credited by the price difference to and from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Clienttrading account.

Rollovers, Interest. 5.5.1. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s Liquidity Providers' trading day as regard regards to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client Customer directly to the Company AAAFx or it will be paid by the Company AAAFx to ClientCustomer, depending on the type of FX/CFD and the nature of the position Client Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to ClientCustomer’s account on at the next end of the trading day following day. Examples for the day to which it relatescalculation of this daily financing charge are available in our website at the “Spreads” section. 5.5.2. The Company AAAFx, in line with its Liquidity Providers' offering, reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client Customer to open and close FX/CFD positions. Such commission payable will be debited from ClientCustomer’s account at the same time as AAAFx, through the Company selected Liquidity Provider, opens or closes the relevant FX/CFD. Changes in our the applicable swap interest rates 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 interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. 5.5.3. A rollover occurs when reinvesting funds from a mature security into a new issue Any open FX/CFD transaction held by Customer at the end of the same trading day as determined by AAAFx, in line with its Liquidity Providers' offering or a similar securityover the weekend, or moving a forex position shall automatically be rolled over to the following delivery datenext business day so as to avoid an automatic close and physical settlement of the transaction. Energy products offered Customer acknowledges that when rolling over such transactions to Clientsthe next business day, as specified on a premium may be either added or subtracted from Customer’s account with respect to such transaction. The Trading Platform calculates overnight rollover at 17:00 NYT and the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be rollover charge/credit is debited or credited by the price difference to and from the closed contract to the newly opened contract along with a 20% contract rollover feetrading account. Clients are strongly advised to close positions before Examples illustrating the rollover take place. Contract rollover fee: Is mechanism, as well as further details on the charge for the rollover mode of calculation of the position. Depending interest, are available on the Introducing Broker “Glossary” section of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Clientour website (xxx.xxxxx.xxx/xxxxxxxx ).

Rollovers, Interest. (a) A daily financing charge may apply to each FX/CFD open position at the closing of the CompanyJME Financial Services (Pty) Ltd’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client Customer directly to the Company or it will be paid by the Company to Clientthe Customer, depending on the type of FX/CFD and the nature of the position Client Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Clientor from Customer’s account on the next trading day following the day to which it relates. . (b) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is might be payable by Client Customer to open and close FX/CFD positions. Such commission payable will be debited from ClientCustomer’s account at the same time as the Company opens or closes the relevant FX/CFDCFD when occurs. Changes in our swap interest rates and calculations shall be at our own the Company’s sole and absolute 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 interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's Company’s sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue . (c) Any open CFD transaction held by Customer at the end of the same trading day as determined by the Company or a similar securityover the weekend, or moving a forex position shall automatically be rolled over to the following delivery datenext Business Day so as to avoid an automatic close and physical settlement of the transaction. Energy products offered Customer acknowledges that when rolling over such transactions to Clientsthe next Business Day, as specified on a premium may be either added or subtracted from Customer’s account with respect to such transaction. The platform(s) calculates overnight rollover at 21:00 GMT and the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be rollover charge/credit is debited or credited by the price difference to and from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Clienttrading account.