Common use of Short Bullion Contracts Clause in Contracts

Short Bullion Contracts. If you have a short Australian dollar/short Bullion Position and interest rates in the USA are higher than the Bullion swap rate determined by us you will pay a Rollover Charge at the AxiCorp Swap Rate if you hold the Position overnight and do not close it before settlement time. This is because you are holding the higher yielding asset.

Short Bullion Contracts. If you have a short Australian dollar/short Bullion Position and interest rates in the USA are higher than the Bullion swap rate determined by us you will pay a Rollover Charge at the AxiCorp Swap Rate if you hold the Position overnight and do not close it before settlement time. This is because you are holding the higher yielding asset.