The return of net interest on a currency position held by a trader at the end of the business day (5pm EST) before a settlement is made. This is because Forex market expires at 5pm EST everyday, so every open position will be exchanged for a new position at the next business day in a process known as "tom next". Also called forex rollover rate.
Related information about rollover rate:
- Rollover Rate (Forex) Definition | Investopedia
The net interest return on a currency position held by a trader. The rollover rate converts net currency interest rates, which are given as a percentage, into a cash ...
- Historical Rate Rollover: Information from Answers.com
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- What is rollover rate? definition and meaning
Definition of rollover rate: The return of net interest on a currency position held by a trader at the end of the business day (5pm EST) before a settlement is made.
- How to Calculate FOREX Rollover Rates | eHow.com
For the rollover rate, subtract the base currency short- term interest rate from the counter currency interest rate. 6. Find the dollar of the interest. Multiply the ...
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What is a Forex Spot Swap and Rollover Rate? When trading spot Foreign Exchange (Forex trading) and precious metals, all trades will settle two business days ...
- Forex Rollover FAQ
Aug 26, 2010 ... You can clearly see the rollover rate (interest paid or earned) on the Trading Station platform in the Simple Dealing Rates window: When does ...
- Rollover in Forex Trading : Forex Bulls
On regular week days, the rollover rate is charged for the past trading day. As the trading week has five days, on Wednesdays, rollover interests for the next ...
- Swap Rates, Interest Rate swaps, FX Rates - Forex Trading Tools ...
... position over night they are subject to the interest rates applicable to the currency pair they are trading. 'Swap' is also commonly referred to as a 'rollover rate'.