For example, USD/JPY: suppose it is an account of 100K (standard hand, 1 standard hand), short it on Wednesday 1 USD/JPY, market price 107.44/ 107.47, overnight to Thursday, PRMSell.

The calculation method is as follows:

-2. 1 8%/360x10000x1hand x 3 days = $ 18. 17) (Special note: the overnight interest on Thursday will increase or decrease by three times compared with normal days, because the delivery actually takes place on Saturday/kloc. )

For cross currency combinations:

For example, EUR/GBP: suppose it is an account with 1K(0.0 1 lot), and if you buy 5 lots of EUR/GBP on Friday, the market price is 0.6885/0.6890, and from overnight to next Monday, PrmBuy%-3.7 1, then the customers who buy EUR will pay interest.

-3.7 1%/360x 100X5 0.6890x1day =(-0.355)= $0.63.

If the customer uses a high-interest currency, the overnight interest on the open position will be added to the account funds. On the contrary, the related overnight interest will be deducted from the funds.

According to international banking practice, foreign exchange transactions are settled after 2 trading days. Overnight interest is calculated on the settlement date. Hope to adopt! ! !