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buy wholesale gold jewelry The overnight interest in foreign exchange is collected by the bank, not a platform dealer.
If the customer is a currency with high interest (holding) high interest, the overnight interest on the position of the position will be added in the capital of the account. Conversely, the relevant overnight interest will be deducted from funds.
In international banking practice, foreign exchange transactions are settled after two trading days. Overnight interest is calculated according to the settlement date.
Monday: 1 day overnight interest. Trading on Monday, settlement on Wednesday, on Monday to Tuesday, the settlement date is Wednesday to Thursday, so pay/collect 1 day interest.
Tuesday: 1 day overnight interest. On Tuesday to Wednesday, the settlement date is Thursday to Friday, so pay/collect 1 day interest.
Wednesday: 3 days overnight interest. Wednesday to Thursday, the settlement date is Friday to next Monday, so pay/collect 3 days of interest.
Thursday: 1 day overnight interest. It holds the position on Thursday until Friday, and the settlement date is next Monday to the next Tuesday, so pay/collect 1 day interest.
Friday: 1 daytime interest. Holding the position on Friday to next Monday, the settlement date is Tuesday to Wednesday, so just pay/collect 1 day interest.
wholesale fashion jewelry stores nyc "Forex Noun World" 13th issue: overnight interest
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