Share CFDs funding
Size for CFDs means number of shares.
Closing price means underlying market price at 10pm (UK time).
If underlying instrument currency is GBP
Size × closing price × SONIA +/- 2.5% ÷ 365
Based on overnight SONIA plus 1 month SONIA adjustment as per ISDA
If underlying instrument currency is USD
Size × closing price × SOFR +/–2.5% ÷ 360
If underlying instrument currency is EUR
Size × closing price × ESTR +/–2.5% ÷ 360
The formula uses a 365-day divisor for UK, Singapore and South African shares, and a 360-day divisor for shares in other markets.