Share CFDs funding
Size for CFDs means number of shares.
Closing price means 1am UK time for 24-hour US shares.
If underlying instrument currency is GBP
Size × closing price × (SONIA +/- 3%) ÷ 365
Based on overnight SONIA plus 1 month SONIA adjustment as per ISDA
If underlying instrument currency is USD
Size × closing price × (SOFR +/– 3%) ÷ 360
If underlying instrument currency is EUR
Size × closing price × (ESTR +/– 3%) ÷ 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.