Let's see what the swap.Swap - a combination that consists of two opposite conversion transactions in different currencies by the same amount, but the equivalent one.
mechanism accrual swap about this.When is a bargain in the Forex market, the currency that buys (buy) the trader, virtually putting a bank deposit, and sold the currency trading (sell) take credit.If the position of the currency pair svopiruetsya, it means that its state (size and scope) are stored until the next swapping.
In case the interest rate on deposits greater lending rate, the trader's trading account will be credited swap (swap).It can happen, and vice versa, when the interest rate is greater than the deposit, then in such a case, the swap will not accrue, and deduct from your account.That is swapping payments ("negative swaps") or a co-payment (this is a "positive swaps") is due to different interest rates available on deposits and loans in different currencies.
currency swap - it is an agreement between the parties, which gives them the opportunity to share denominations in various currencies and fixed interest on a regular schedule for a specified period in advance.
If the delivery date for the futures market is stipulated in the pre-futures contract, then the Forex market because it spot supply of currency is made on the next day.This means that if a trader bought and sold today, the euro dollar, then this operation, in theory, it should be carried out in reality the next day.But the trader earns on the difference of exchange rates and currency itself it is not necessary - it's just a tool.Here and there is a need to swap.
fact swap - a fee that is charged in the Forex market for the transfer of an open position through the night.Forex swap, each country has its own interest rates.At night, the position trader is closed and immediately open a new one, thus giving him the opportunity to escape to the next day delivery of currency in reality.And while the position remains open, the swap operation is repeated, and the date of delivery of the currency thus tolerated.If the trader has time to open and close their positions during the day, then swapped it does not need.
swapping occurs within just a few seconds.We can say that closes and opens again the position is almost identical, with the only difference that the trader or write off a small fee, or, conversely, enroll her.This is due to different interest rates traded currency pairs, the Central Bank of each country.
Swap - it's also a tool through which eliminates the risk of interest rates.Will chargeable swap or vice versa, will be filmed entirely dependent on the ratio of interest rates used by the particular currency pair.
swaps held in the MetaTrader trading at 21:00 GMT and will automatically be converted into US dollars.Swaps from Friday to Monday is charged only for one day, while from Wednesday to Thursday they charged in triple size.
What is the reason why the biggest swap is debited or credited in these days of the week?If we recall once again features the Forex market, it turns out that the transfer from Wednesday to Thursday the date of the transfer of equivalent positions from Friday to Monday the settlement date - for three days.Perhaps the trader credited swap for three days, but it is possible that the swap and will be written off, but again in three days.
swaps affect the formation of profit.Therefore, it is important to understand its principles.By the way, there is a certain category of traders who are quite well earn a swap.Transactions of this type are called transactions carry trade.
