how many times swap happens in one month?

Aug 09, 2014 at 17:09
423 Visa
3 Replies
Medlem sedan Nov 29, 2013   99 inlägg
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
Medlem sedan Apr 02, 2010   65 inlägg
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.
Medlem sedan Nov 29, 2013   99 inlägg
Aug 11, 2014 at 08:20
thanks, i just asked the broker. faster answer
Medlem sedan Aug 08, 2014   115 inlägg
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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