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FXSol GTS/MT Rollover / Swap (Metals) FXSol GTS/MT rollover takes place at 5:00PM New York time.
You can view the daily financing charges directly from the FXSol GTS platform. Just click "Spot Metal Calculator" under the "Trading Tools" tab from the platform.
Calculate the FXSol GTS Precious Metals Rollover If you are long the instrument, you will be debited LIBOR + 3%. If you are short the instrument, you will be credited LIBOR - 3%. Example #1 Let's assume the LIBOR rate is 4.00%. If you are long 1 ounce of Gold for one night: Rollover = (4.00% + 3.00%) x 1 ounce x $600.00/ounce = $42.00 You will be debited $42 from your account for the gold premium. Example #2 If you are short 1 ounce of Gold for one night: Rollover = (4.00% - 3.00%) x 1 ounce x $600.00/ounce = $6.00 You will be credited $6 to your account for the gold premium. Formula for swaps:
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Mada Financial © All Rights Reserved *Energy, hedging capability and the ability to earn interest on cash balances are available to MadaTrader platform clients only. †Forex (FX) trading on margin carries a high level of risk and is not suitable for all investors. Forex is traded with a high degree of leverage, which can work for you as well as against you, and it is possible to loss more than you invest. You should only invest funds that you can afford to lose and do not need to support yourself or your family. You should carefully consider all risks involved with forex trading as well as your financial situation, investment objectives, and risk tolerance before investing. Forex is traded over-the-counter (OTC) and not on a regulated Exchange. Market conditions may adversely affect order execution. International Awards and Recognition
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