Overnight positions rollover

Overnight positions rollover

  • Competitive Swap rates
  • Transparent Swap Rates
  • 3-day rollover strategy
  • Following current interest rates
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Stellar Rollover Policy

Stellar Markets debits or credits clients’ accounts, and handles rollover interest at competitive rollover rates for all positions held open after 22:00 GMT.

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What is Rollover?

Rollover is the process of extending the settlement date of an open position (i.e. date by which an executed trade must be settled). The forex market allows two business days for settling all spot trades, which implies the physical delivery of currencies.

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Calculating Rollover

Every currency trade is based on borrowing one currency in order to buy another. Interest is paid on the borrowed currency and earned on the purchased currency.

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Booking Rollover

22:00 GMT is considered to be the beginning and the end of a forex trading day. Any positions which are still open at 22:00 GMT sharp are subject to rollover and will be held overnight.