Interest Swap Calculations September 2018

Sep 06, 2018

We announce that MRG Trader Network is making changes to swaps on some Forex MRG symbols. It should be noted, this change is effective from Friday, September 7 2018

The swap is charged automatically at open market trading day, with the exception of Friday which is calculated 3 times for the weekend rollover (Friday – Monday) and charged to account at Thursday.

SYMBOL BEFORE AFTER
Long Short Long Short
AUDUSD -1.5 -1.5 -2.25 -0.75
EURUSD -2 -1 -2.75 -0.25
GBPUSD -2.25 -0.75 -2.75 -0.25
USDCHF -1.5 -1.5 -1 -2
USDJPY -1 -2 -1 -2
EURAUD -1.5 -1.5 -2.5 -0.5
NZDJPY -1.5 -1.5 -0.75 -2.25
XAUUSD -2 -1 -2.75 -0.25

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