文档介绍：Rollover & Interest Policy
In the spot Forex market trades settle in two business days. If a trader sells 10,000
Euros on Tuesday, the seller must deliver 10,000 Euros on Thursday unless the
position is held open and "rolled" over to the next value date. As a service to our
traders, FX Solutions automatically rolls over all open positions to the next
settlement date at 17:00 Eastern Time.
Rollover or "cost-of-carry" involves the applying of a daily debit or credit to a trading
account based on positions held open at 17:00 Eastern Time and on the interest
differential between the two currencies in the pair(s) being traded. In the majority of
cases, if a trader is "short" the currency bearing the higher interest rate then their
account will be debited; if they are long then their account will be credited.
At 17:00 Eastern Time each day, funds are subtracted from or added to accounts
with open positions because of this automatic roll over.
NOTE:
On Wednesdays, the amount added or subtracted to an account as a result of rolling
over a position is three times the usual amount. This "3-Day" rollover accounts for
settlement of trades through the weekend period. When there are bank holidays in
either settlement country the normal roll schedule does not apply.
The "end of day" premium process for Forex mences at 17:00 Eastern
Time eac