Common use of TRANSFER OF A POSITION Clause in Contracts

TRANSFER OF A POSITION. 3.2.1 If a position is transferred to the next day, a swap occurs and is calculated. A swap can be either negative or positive. 3.2.2 Swap calculation for open positions starts at 23:59 Company server time and may, depending on the number of open positions taken. A swap shall be calculated for all positions opened prior to 23:59 Company server time and not closed until calculated. For the positions opened after 23:59 Company server time or closed until the calculation process is completed, a swap may be not credited. 3.2.3 If a position is transferred on Wednesday night to Thursday, a swap is deducted/added in a triple size (for Wednesday, Saturday and Sunday). 3.2.4 Current swaps can be viewed on the Platfom. The Company reserves the right to change swaps without prior notice to the Client, depending on market conditions.

TRANSFER OF A POSITION. 3.2.1 If a position is transferred to the next day, a swap occurs and is calculated. A swap can be either negative or positive. 3.2.2 Swap calculation for open positions starts at 23:59 Company server time and may, depending on the number of open positions taken. A swap shall be calculated for all positions opened prior to 23:59 Company server time and not closed until calculated. For the positions opened after 23:59 Company server time or closed until the calculation process is completed, ,a swap may be not credited. 3.2.3 If a position is transferred on Wednesday night to Thursday, a swap is deducted/added in a triple size (for Wednesday, Saturday and Sunday). 3.2.4 Current swaps can be viewed on the Platfom. The Company reserves the right to change swaps without prior notice to the Client, depending on market conditions.