How is funding on shares calculated?
Size for CFDs means number of shares.
Closing price means underlying market price at 11 pm (CET) for UK, Swiss, and European shares and 2 am (CET) for US and Canadian shares.
If your trade is in CHF
Size × closing price × LIBOR +/- 2.5% ÷ 360
Based on LIBOR one month overnight rate
If your trade is in USD
Size × closing price × US LIBOR +/–2.5% ÷ 360
If your trade is in EUR
Size × closing price × EURIBOR +/–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.