At the close of each trading day, CFDs become subject to the Overnight Financing process, whereby an interest adjustment is applied for keeping deals open ‘overnight’, or more specifically, during the applicable market’s closure period. The adjustment can be positive or negative, depending on the direction of the deal and the underlying interest rates. The calculated value and percentage of an instrument's Overnight Financing applies for 1 day. CFDs that are traded 5 days a week will be credited or debited with a value 3 times the displayed value during the last day of its underlying asset trading week, as it covers the entire weekend period (except for cryptocurrencies, which are subject to overnight financing on a daily basis as they are traded every day, including weekends). For more information, please consult the Trading Conditions page.
What is Overnight Financing? Print
Modified on: Tue, 17 Jan, 2023 at 8:17 AM