Indices CFD Swaps Special Adjustment – January 19, 2024

January 19, 2024
Important Announcement
Indices CFD Swaps Special Adjustment – January 19, 2024

Dear Valued Clients,

We hope this communication finds you well. In our ongoing commitment to transparency and providing you with essential information for your trading activities, we present the latest details regarding the overnight swaps for Forex and Metal adjustments. Please review the following table for the specific Indices CFD Swaps Special Adjustment on January 19, 2024.

Table: Indices CFD Swaps Special Adjustment - January 19, 2024

Key Points to Note:

  1. Understanding Pips: Pips refer to the smallest price movement of an Index. For instance, if the HK50 price is 28380.8, and the smallest price movement is 0.1, then "1 pip" corresponds to a price movement of 0.1.
  2. Calculation Timing: Swaps will be calculated at the end of each day, specifically at 00:00 platform time. We strongly advise you to actively monitor your open positions and ensure you maintain sufficient margin to accommodate any special overnight indices’ swaps that may be charged.
  3. Data Source: The values provided in the table are sourced from liquidity providers (LP) and are subject to potential omissions or errors. Any changes to the values are subject to the trading platform. It is crucial for clients to stay informed about any updates through the trading platform.

Conclusion:

As you engage in your trading activities, we encourage you to utilize the information provided in this table to make informed decisions. Properly understanding and accounting for overnight swaps can significantly impact the overall outcome of your trades.

Remember, your success is our priority, and we are here to support you every step of the way. If you have any questions or require further clarification regarding the overnight swaps or any other aspect of your trading experience, our dedicated support team is ready to assist you.

Thank you for choosing Sieg Fund. We look forward to being a partner in your trading success.