GFT Markets

GFT Swings Financing Libor Sword At Humble CFD Trader

Author: CFD Guru/Thursday, May 8, 2014/Categories: CFD Industry News

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Example:

Finance Adjustment (*example below is for USD denominated cash instruments)

Current

Long USD LIBOR 0.1209% + 2.5% = 2.6209%

Short USD LIBOR 0.1209% - 2.5%* = -2.3971% ---> No charge at moment

*If LIBOR is above 2.5% you will receive financing

From 9^th June 2014

Long USD LIBOR 0.1209% + 2.5% = 2.6209%

Short USD LIBOR 0.1209% - 2.5%* = -2.3971% ---> We charge this amount

*If LIBOR is above 2.5% you will receive financing

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