Overnight Funding definition

Overnight Funding means the charge either added or subtracted from the balance of your Account when rolling transactions over to the next business day. When you have a long Position, the EOD bid price will be used for calculation of the Overnight Funding. The EOD offer price will be used for calculation of the Overnight Funding for a short Position;
Overnight Funding means the charge either added or subtracted from the balance of your Account when rolling transactions over to the next trading session;
Overnight Funding means the charge either added or subtracted from the balance of your Account when rolling transactions over to the next business day;

Examples of Overnight Funding in a sentence

  • Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight.

  • In deciding whether to open a Transaction for a specific Instrument, you acknowledge that you are aware of the Overnight Funding.

  • Information concerning the Overnight Funding for each Instrument is displayed in the "details" link for each specific Instrument on the Trading Platform.

  • The Credit Agreements allow for borrowings at either a base rate or an adjusted term Secured Overnight Funding Rate ("SOFR") plus, in each case, an applicable margin based on the Company's senior unsecured credit ratings.

  • The Overnight Funding will be added/subtracted to/from your Trading Account 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.


More Definitions of Overnight Funding

Overnight Funding in respect of each transaction that remains open at the end of each Trading Day as shown for each instrument on the Trading Platform/Site, the Overnight Funding will be calculated and either added to or subtracted from the balance of your Trading Account. Overnight funding can be positive or negative.
Overnight Funding means any option, which forms the underlying instrument of the CFDs offered through the Trading Platform in respect of each transaction that remains open at the end of each Trading Day as shown for each instrument on the platform/website, the Overnight Funding will be calculated and either added to or subtracted from the balance of your Trading Account. Overnight funding can be positive or negative.
Overnight Funding means an amount either added or subtracted from your account, as applicable, based on the rate set forth on the Trading Platform from time to time, for any Transaction that is open at the end of the international trading day ( as such term is commonly known) or over the weekend when the Exchanges are closed. The Overnight Funding is usually a constant percentage of the Position value and is based on a number of factors including among others, whether the Transaction is a Buy or a Sell, interest rates, Instrument differentials, daily price fluctuations and other economic and market related factors. When trading Share CFDs, the Position value is calculated every day based on the Trade size multiplied by the Daily Close Rate (the average [(Buy+Sell)/2] of the last quote 30 minutes before the Overnight Funding time) and multiplied by the Point Value. Otherwise, the Position value is calculated at the position opening by multiplying the Trade size by the opening rate and by the Point Value. Subject to prior notice, we reserve the right to update the Overnight Funding percentage for an open position and apply it from then on, based on the updated position value. “ Pip” the smallest possible price change of an instrument on the platform "Platform Abuse" the collective term for prohibited trading activities such as the acts referred to in Sections 25.1.3 to 25.1.7 of this User Agreement. “ Point Value” As displayed in the Instrument details tab on the Trading Platform, means the value of 1 point in the instrument's currency. Multiplying the instrument's rate by this number, you will get its value in the instrument's currency “Politically Exposed Person (PEP)” has the meaning as given under Section 36 of the Anti-Money Laundering and Countering the Financing of Terrorism Act, 2020 of the chelles i.e. an individual who is or has been, entrusted with a prominent public function in chelles or any other country or an international body or organisation during the last three (3) years, as well as immediate family members and close associates of such a person. The prominent public functions include: ● heads of state, heads of government, ministers and other senior politicians; ● senior government or judicial officials; ● ambassadors and chargés d'affaires; ● persons appointed as honorary consuls; ● high-ranking officers in the armed forces; ● members of the Boards of Central Banks; ● members of the Boards of state-owned corporations; and ● influential political party offi...
Overnight Funding means an amount either added or subtracted from your account, as applicable, based on the rate set forth on the Trading Platform from time to time, for any Transaction that is open at the end of the international trading day (as such term is commonly known) or over the weekend when the Exchanges are closed. The Overnight Funding is a constant percentage of the Position value and is based on a number of factors including among others, whether the Transaction is a Buy or a Sell, interest rates, Instrument differentials, daily price fluctuations and other economic and market related factors “Pip” the smallest possible price change of an instrument on the platform "Platform Abuse" The collective term for prohibited trading activities such as the acts referred to in Sections 25.1.3 to 25.1.7 of this User Agreement. “Politically Exposed Person (PEP)” means a natural person who is or has been entrusted with prominent public functions during the last twelve (12) months, as well as immediate family members and close associates of such a person. The prominent public functions include: • heads of State, heads of government, ministers and deputy or assistant ministers; • members of parliaments; • members of supreme courts, of constitutional courts or of other high-level judicial bodies whose decisions are not subject to further appeal, except in exceptional circumstances; • members of courts of auditors or of the boards of central banks; ambassadors, chargés d’affaires and high-ranking officers in the armed forces; • members of the administrative, management or supervisory bodies of State-owned enterprises. "Position" means your position in relation to any CFD currently open on your Trading Account
Overnight Funding. An amount either added or subtracted from your account, as applicable, based on the rate set forth on the Trading Platform from time to time, for any Transaction that is open at the end of the international trading day (as such term is commonly known) or over the weekend when the Exchanges are closed. The Overnight Funding amount is a constant percentage of the Position value and is based on a number of factors including among others, whether the Transaction is a Buy or a Sell, interest rates, Instrument differentials, daily price fluctuations and other economic and market related factors. “Pip” The smallest possible price change of an instrument on the platform. "Platform Abuse" The collective term for prohibited trading activities such as the acts referred to in Sections 25.1.3 to 25.1.7 of this User Agreement. "Position" Your position in relation to any CFD currently open on your Trading Account.
Overnight Funding means Revolving Loans made available to Borrower by Lender pursuant to Section 2.1 (The Commitment) for overnight funding.
Overnight Funding means an amount either added or subtracted from your account, as applicable, based on the rate set forth on the Trading Platform from time to time, for any Transaction that is open at the end of the international trading day (as such term is commonly known) or over the weekend when the Exchanges are closed. The Overnight Funding is usually a constant percentage of the Position value and is based on a number of factors including among others, whether the Transaction is a Buy or a Sell, interest rates, Instrument differentials, daily price fluctuations and other economic and market related factors. When trading Share CFDs, the Position value is calculated every day based on the Trade size multiplied by the Daily Close Rate (the average [(Buy+Sell)/2] of the last quote 30 minutes before the Overnight Funding time) and multiplied by the Point Value. Otherwise, the Position value is calculated at the position opening by multiplying the Trade size by the opening rate and by the Point Value. Subject to prior notice, we reserve the right to update the Overnight Funding percentage for an open position and apply it from then on, based on the updated position value.