Spot FX positions held open at the end of a trading day at 17:00 New York time before their Value Date will be rolled over to a new Value Date on a Tom/Next basis. As part of the rollover, positions are subject to a swap charge or credit based on a Tom/Next swap feed from a Tier-1 bank with a mark-up corresponding to +/-0.25% of daily overnight interest rates.
In addition to the swap charge or credit, an interest component of daily overnight interest rates +/- 0.5% will be credited or debited at rollover for any unrealized profit or loss on the position.
The financial impact of the rollover is expressed through an adjustment to the opening rate of your trade. You will be able to see the impact of the rollovers on your account within the CitiFX Pro trading tool.
CitiFX Pro swap rates: Please note, some of the pairs listed in the rollovers table may not be available on CitiFX Pro at this time.