Why are rollover rates tripled on Tuesday? | FXlinked

Why are rollover rates tripled on Tuesday?

When placing a trade in the spot forex market, the actual value date is two days forward, for instance, a deal done on Wednesday is for value Tuesday, a deal done on Thursday is for value Monday, and so on. On Tuesday, the rollover amount is tripled to compensate for the following weekend (during which time rollover is not charged because trading is stopped at weekends).

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