{"id":1073,"date":"2024-06-30T11:25:17","date_gmt":"2024-06-30T04:25:17","guid":{"rendered":"https:\/\/bristolmarkets.100.jaysoft.dev\/?page_id=1073"},"modified":"2024-07-01T22:01:50","modified_gmt":"2024-07-01T15:01:50","slug":"swap","status":"publish","type":"page","link":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/swap\/","title":{"rendered":"Swap"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"1073\" class=\"elementor elementor-1073\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-37d2cb3 e-con-full e-flex e-con e-parent\" data-id=\"37d2cb3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-55e078d e-flex e-con-boxed e-con e-child\" data-id=\"55e078d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60e3ac0 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"60e3ac0\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 26-05-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">What is a Swap ?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-93145b6 e-flex e-con-boxed e-con e-parent\" data-id=\"93145b6\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-2660fd3 e-con-full e-flex e-con e-child\" data-id=\"2660fd3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-42c8cb3 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"42c8cb3\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What are platform <span class=\"blue\">Swap Rate ?<\/span><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9559fb8 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"9559fb8\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 26-05-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Swap rates are the interest rate differentials embedded in currency trades. <br \/>To put it more simply, consider how a forex trade works: you borrow one currency to buy another. For instance, if you are buying EUR\/USD, you are borrowing US dollars and buying euros with the proceeds. In doing so, you are paying interest on the US dollars you borrow, but earning interest on the euros you bought.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-91b7413 e-con-full e-flex elementor-invisible e-con e-child\" data-id=\"91b7413\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-ab05000 e-con-full e-flex e-con e-child\" data-id=\"ab05000\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01ecc47 elementor-widget elementor-widget-heading\" data-id=\"01ecc47\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Where can i find<br>\n<span class=\"blue\">your Swap Rates ?<\/span><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a43ea21 elementor-widget elementor-widget-text-editor\" data-id=\"a43ea21\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Our swap rates are visible on all our platforms, by following these simple steps:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-20b4610 e-con-full e-flex e-con e-child\" data-id=\"20b4610\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-210c3d4 e-con-full e-flex e-con e-child\" data-id=\"210c3d4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7d40b71 elementor-widget elementor-widget-heading\" data-id=\"7d40b71\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Bristol Markets Trading Apps:<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f22817e box_list elementor-widget elementor-widget-text-editor\" data-id=\"f22817e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Click \u2018View\u2019 along the top menu<\/li><li>Select \u2018Symbols\u2019<\/li><li>Select which currency pair you want to see the swaps for, and click \u2018Properties\u2019<\/li><li>You can now see the long and short swap rates in the pop-up window<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-307ba1c e-con-full e-flex e-con e-child\" data-id=\"307ba1c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2faf915 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"2faf915\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How do you calculate <span class=\"blue\">a Swap Rates ?<\/span><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9c3e5a elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"c9c3e5a\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Swap debits\/credits are calculated as follows:<br \/>Current long\/short rate * number of lots = swap debit\/credit in second currency.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a43c9ae e-con-full e-flex e-con e-child\" data-id=\"a43c9ae\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-05bbed3 e-con-full e-flex elementor-invisible e-con e-child\" data-id=\"05bbed3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b23e6c2 elementor-widget elementor-widget-heading\" data-id=\"b23e6c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Example 1<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-343253f e-con-full e-flex e-con e-child\" data-id=\"343253f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d1afdb3 elementor-widget elementor-widget-text-editor\" data-id=\"d1afdb3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Your account currency is AUD and you hold one lot long on AUD\/USD on 5 February 2015:<br \/>+4.96 * 1 = $.4.96, converted to your account currency = A$6.35<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ba01201 e-con-full e-flex elementor-invisible e-con e-child\" data-id=\"ba01201\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;,&quot;animation_delay&quot;:200}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-84d96ac elementor-widget elementor-widget-heading\" data-id=\"84d96ac\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Example 2<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-38acd00 e-con-full e-flex e-con e-child\" data-id=\"38acd00\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24322b3 elementor-widget elementor-widget-text-editor\" data-id=\"24322b3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Account currency is USD, you hold 2.5 lots short of EUR\/GBP on 5 February 2015:<br \/>-1.08 * 2.5 = -\u00a32.70, converted to USD = -$4.13<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-83f3a9b e-con-full e-flex e-con e-child\" data-id=\"83f3a9b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8c3402a elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"8c3402a\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">When do you calculate your  <span class=\"blue\">Swap Rate ?<\/span><\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-604b3ed elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"604b3ed\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Our swap rates are calculated each day at 4.59pm New York time\/11.59pm time (GMT+2). Trades that have been opened before 4.59pm and held open past this time will be subject to swap rates. Swap rates are tripled on Wednesday at 4.59pm to account for weekends. Please note that this is the standard structure of swaps \u2013 however, on weeks where there are holidays, the swap rate structure may be modified to account for the holiday.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>What is a Swap ? What are platform Swap Rate ? Swap rates are the interest rate differentials embedded in currency trades. To put it more simply, consider how a forex trade works: you borrow one currency to buy another. For instance, if you are buying EUR\/USD, you are borrowing US dollars and buying euros [&hellip;]<\/p>","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/pages\/1073"}],"collection":[{"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/comments?post=1073"}],"version-history":[{"count":28,"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/pages\/1073\/revisions"}],"predecessor-version":[{"id":1288,"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/pages\/1073\/revisions\/1288"}],"wp:attachment":[{"href":"https:\/\/bristolmarkets.100.jaysoft.dev\/vi\/wp-json\/wp\/v2\/media?parent=1073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}