Your Daily Statement
Open positions on relevant instruments carried overnight will result in a financing adjustment being made to your account.
You will incur financing for each calendar day that you rollover a position, including weekends.
View a financing example
This statement shows a position after trading of long 10,000 Vodafone CFD's at a price of 146.50 resulting in a total contract value of 10,000 x 1.4650 = £14,650. This is the figure on which financing is charged.
The LIBOR rate on this day was 0.5%. Financing is charged at LIBOR + 3% = 3.5%
The calculation for this days financing charge is therefore: (£14,650 x 3.5%) / 365 = £1.40
These rates are variable and will appear on your daily statement