To ensure consistency with our liquidity providers, we will be updating the overnight swap calculation method for all spot index products. This will take effect on April 3, 2025, at 00:00 (GMT +3). Here’s what you need to know:
New Calculation Methods
| Product | Old Method | New Method |
|---|---|---|
| AUS200 | Spread-Based Calculation | Percentage-Based Calculation |
| EU50 | ||
| FRA40 | ||
| GER40 | ||
| HK50 | ||
| JPN225 | ||
| NAS100 | ||
| SP500 | ||
| UK100 | ||
| UK30 |
Method Details:
1. Spread-Based Calculation:
- Formula: Lot Size × Point Value × Overnight Interest
- Purpose: Calculating interest based on trade volume and market position (long/short).
2. Percentage-Based Calculation:
- Formula: (Position Notional Value × Long or Short Overnight Interest × Days) / 360
- Purpose: Provides a more precise interest calculation, considering the cost per position and dividing annually over 360 days.
If you have any questions or require further support, please reach out to our dedicated Support Team. We are here to assist you at every step.
Risk Disclosure
Securities, Futures, CFDs and other financial products involve high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding your initial investment could incur within a short period of time.
Please make sure you fully understand the risks of trading with the respective financial instrument before engaging in any transactions with us. You should seek independent professional advice if you do not understand the risks explained herein.
Disclaimer
This information contained in this blog is for general reference only and is not intended as investment advice, a recommendation, an offer, or an invitation to buy or sell any financial instruments. It does not consider any specific recipient’s investment objectives or financial situation. Past performance references are not reliable indicators of future performance. Doo Prime and its affiliates make no representations or warranties about the accuracy or completeness of this information and accept no liability for any losses or damages resulting from its use or from any investments made based on it.
