how many times swap happens in one month?

kanon103
kanon103
Aug 09, 2014 at 17:09
442 Views
3 Replies
kanon103
kanon103
Member Since Nov 29, 2013   99 posts
Aug 09, 2014 at 17:09
does swap counts every each day?

not sure if it counts on weekends. i want to know this for DD calculation.

thanks
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aladar
aladar
Member Since Apr 02, 2010   65 posts
Aug 11, 2014 at 07:00
hey, it depends on your broker, but most likely no, it counts swap from friday to monday same way it would be counted from monday to tuesday.
Less is more.
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kanon103
kanon103
Member Since Nov 29, 2013   99 posts
Aug 11, 2014 at 08:20
thanks, i just asked the broker. faster answer
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mariav
mariav
Member Since Aug 08, 2014   115 posts
Aug 11, 2014 at 10:05
A formula of calculating the swap, just in case, maybe it will be useful for somebody 😄:
Swap = –(Contract_Size * (Interest_Rate_Differential + Markup) / 100)/ Days_Per_Year
And i have a question: is it true that swap from Wednesday to Thursday is charged to the treble?🙄
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