On overnight interest

Q1. What is overnight interest? When will three-day overnight interest be generated?

A1. The overnight interest refers to the interest that must be paid or received for holding a position overnight. It is based on the market's cost interest rate and varies according to market conditions. Additionally, positions held overnight on Friday will include interest calculations for Saturday and Sunday, so holding a position overnight on Friday will account for three days of interest.

Q2. Can you avoid paying overnight interest?

A2. If you close your position before the daily closing time, you will not need to pay or receive overnight interest. Overnight interest will only be generated when the position is held until the second trading day.

Q3. How can I check the overnight interest paid or obtained in my account?

A3. If the conditions for settlement of overnight interest are met, the overnight interest will be listed in the daily account details.

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