Contract Specifications

Margin Requirements

1. Open positions are rolled over at 22:00 GMT based on swap points. Current swap point values are available in the instrument specifications in the MetaTrader 4 trading platform.

2. In the MetaTrader 4 trading platform, SWAP is processed by crediting or debiting swap points, without reopening the position.

3. Swap point values are provided for a one-day difference between value dates.

4. If the difference between value dates exceeds one day, such as when positions are rolled over the weekend or public holidays, swap points are multiplied accordingly. For example, during the SWAP operation from Wednesday to Thursday at 22:00 GMT, swap points are tripled because the position’s value date is rolled over the weekend, from Friday to Monday.

5. From 20:55 to 21:10 GMT, market liquidity may be temporarily limited due to the interbank rollover, which may result in a significant widening of spreads. Limited liquidity may also occur when interbank trading opens on Sunday, from 22:00 to 23:00 GMT, and before it closes on Friday, from 20:00 to 20:55 GMT. Please take this into account when planning your trading.

6. Dividend Adjustment is an adjustment that reflects dividend payments on shares and ETFs in trading. A dividend adjustment is credited to a client’s trading account on the ex-dividend date, the date on which dividend adjustments are calculated. If positions are open at market opening on that date, the applicable dividend adjustment will be credited to the trading account for buy positions and debited for sell positions. PLEASE NOTE: From the ex-dividend date, shares and ETFs are traded without entitlement to the next dividend adjustment.dukascopy+2

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