a Triple Swap question

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Kai Teng Lo
89
Kai Teng Lo  

Hi

Brokers charges triple swap for positions rollover from Wednesday to Thursday due to T+2 settlement. 


But what about for positions rollover from Thursday to Friday?? It will be settled on next Tuesday and therefore it also incurred swap for Saturday and Sunday. doesn't it?

So why not Brokers charged triple swap for positions rollover from Thursday to Friday??


Thanks

Keith Watford
Moderator
13923
Keith Watford  

Don't give the brokers any ideas  :)

There is no trading on Saturday and Sunday, so no additional swap as you can only pay swap for 7 days and the extra 2 are paid Wednesday

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