how many times swap happens in one month?

Aug 09, 2014 at 17:09
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3 Replies
Membro Desde Nov 29, 2013   99 postagens
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
Membro Desde Apr 02, 2010   65 postagens
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.
Membro Desde Nov 29, 2013   99 postagens
Aug 11, 2014 at 08:20
thanks, i just asked the broker. faster answer
Membro Desde Aug 08, 2014   115 postagens
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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