Jump to content
  • 0

Currency Swap


HinduDavi

Question

Hi all, 

I wonder how the currency swap was calculated? i am shorting CAD/CHN, mean buying CHN. even CHN interest rate is higher than CAD How come i'm still getting negative for the interest given in someday. something positive but most of the time negative. kindly assist. thanks

Link to comment

1 answer to this question

Recommended Posts

  • 0
10 minutes ago, HinduDavi said:

Hi all, 

I wonder how the currency swap was calculated? i am shorting CAD/CHN, mean buying CHN. even CHN interest rate is higher than CAD How come i'm still getting negative for the interest given in someday. something positive but most of the time negative. kindly assist. thanks

Hi, see this page for swap calculations.

https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/why-is-overnight-funding-charged-and-how-is-it-calculated-

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...