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.