{"id":12152,"date":"2020-03-04T03:46:00","date_gmt":"2020-03-04T03:46:00","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=faq&#038;p=12152"},"modified":"2020-03-04T03:46:00","modified_gmt":"2020-03-04T03:46:00","slug":"how-to-calculate-overnight-interest-each-day-detailed-description","status":"publish","type":"faq","link":"https:\/\/www.zfx.com\/en-mena\/?faq=how-to-calculate-overnight-interest-each-day-detailed-description","title":{"rendered":"How to calculate overnight interest each day (Detailed description)?"},"content":{"rendered":"<p>Answer: According to international banking practice, forex transactions are executed after 2 trade days (T+2). For example, the deal is traded on Monday. The execution date will be Wednesday.<br \/>\nMonday: overnight interest for 1 day that holding order from Monday through Tuesday, and then execution date is Wednesday through Thursday. Therefore, the client will be paid\/charged overnight interest for 1 day.<br \/>\nTuesday: overnight interest for 1 day that holding order from Tuesday through Wednesday, and then execution date is Thursday through Friday. Therefore, the client will be paid\/charged overnight interest for 1 day.<br \/>\nWednesday: overnight interest for 3 days that holding order from Wednesday to Thursday, and then the execution date is Friday through Monday. Therefore, the client will be paid\/charged overnight interest for 3 days.<br \/>\nThursday: overnight interest for 1 day that holding order from Thursday through Friday, and then the execution date is Monday through Tuesday. Therefore, the client will be paid\/charged overnight interest for 1 day.<br \/>\nFriday: overnight interest for 1 day that holding order from Friday through next Monday, and then the execution date is Tuesday through Wednesday. Therefore, the client will be paid\/charged overnight interest for 1 day.<\/p>\n","protected":false},"template":"","faq_categories":[1213],"faq_tags":[],"class_list":["post-12152","faq","type-faq","status-publish","hentry","faq_categories-about-trading-en-mena"],"acf":[],"current_lang":"en-mena","_links":{"self":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/faq\/12152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/faq"}],"about":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/types\/faq"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/faq\/12152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media?parent=12152"}],"wp:term":[{"taxonomy":"faq_categories","embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/faq_categories?post=12152"},{"taxonomy":"faq_tags","embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/faq_tags?post=12152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}