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Home >> XM >> XM: Why are rollover rates tripled on Wednesdays?
XM: Why are rollover rates tripled on Wednesdays?
Source:https://www.xm.com/help-center/trading-conditions/faq-why-are-rollover-rates-tripled-1 | Author:finance-102 | Date2023-08-22 | 258 Views | Share:
When trading spot forex, actual value dates are two days ahead. For example, a deal executed on Thursday is for the value on Monday, one executed on Friday is for the value on Tuesday, and so on.

When trading spot forex, actual value dates are two days ahead. For example, a deal executed on Thursday is 

for the value on Monday, one executed on Friday is for the value on Tuesday, and so on.


So, on Wednesdays, rollover is tripled to account for the upcoming weekend, when the market is closed.


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