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Question about Swap payments

  • #1
  • First Post: Feb 28, 2007 5:07pm Feb 28, 2007 5:07pm
Swap payments are paid out around 5pm EST here in the US, but what time are they paid out in other countries (ie London)? I appreciate any help you can provide.
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  • #2
  • Feb 28, 2007 5:18pm Feb 28, 2007 5:18pm
ODL pays interest at 10pm London time, which is 5pm New York, so I assumed they all function the same. Especially since the US is one of the last markets open until the dateline.
  • #3
  • Apr 11, 2007 6:30am Apr 11, 2007 6:30am
IBFX pay at +22:00 GMT no pay in saturday and sunday, and triple the wednesday swap.

with DST (Daylight Saving Time) it is paid 1 h earlier.
  • #4
  • Last Post: Apr 11, 2007 6:37am Apr 11, 2007 6:37am
Quoting Gwan
IBFX pay at +22:00 GMT no pay in saturday and sunday, and triple the wednesday swap.

with DST (Daylight Saving Time) it is paid 1 h earlier.
That still lines up with 17:00 Eastern Time / New York... : )
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