apfx Junior member Messages 21 Likes 0 Aug 2, 2006 #1 I presume that a spread betting company will not pay / recive interest for an overnight carried currency position.. but do thay reflect the short term interest rate differential adjusting the price or thay simply ingnore it?
I presume that a spread betting company will not pay / recive interest for an overnight carried currency position.. but do thay reflect the short term interest rate differential adjusting the price or thay simply ingnore it?
G gc1 Well-known member Messages 273 Likes 5 Aug 2, 2006 #2 Most take the interest rate difference, which may be + or - and also charge 2% pa on top of that (about 1 pip a day charge on £/$ for example).
Most take the interest rate difference, which may be + or - and also charge 2% pa on top of that (about 1 pip a day charge on £/$ for example).
