Common use of Rollovers, Interest Clause in Contracts

Rollovers, Interest. 5.5.1. A daily financing charge may apply to each FX/CFD open position at the closing of the Liquidity Providers' trading day as regards to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Customer directly to AAAFx International or it will be paid by AAAFx International to Customer, depending on the type of FX/CFD and the nature of the position 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 Customer’s account at the end of the trading day. Examples for the calculation of this daily financing charge are available in our website at the “Spreads” section.

Rollovers, Interest. 5.5.1. A daily financing charge may apply to each FX/CFD open position at the closing of the Liquidity Providers' trading day as regards to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Customer directly to AAAFx International or it will be paid by AAAFx International to Customer, depending on the type of FX/CFD and the nature of the position 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 Customer’s account at the end of the trading day. Examples for the calculation of this daily financing charge are available in our website at the “Spreads” section.

Rollovers, Interest. 5.5.1. A daily financing charge may apply to each FX/CFD open position at the closing of the Liquidity Providers' trading day as regards to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Customer directly to AAAFx International SVG or it will be paid by AAAFx International SVG to Customer, depending on the type of FX/CFD and the nature of the position 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 Customer’s account at the end of the trading day. Examples for the calculation of this daily financing charge are available in our website at the “Spreads” section.