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swap rates

  • #1
  • First Post: Mar 29, 2007 2:39pm Mar 29, 2007 2:39pm
Hi, I have a question about swap rates and how they are calculated. I opened a long trade on the GBP/JPY of 0.1 lots and I got 7.44 as the swap. That seems really high for such a small trade. How are they calculated. Also Where can I find historic data regarding the swap rates?


Thank you
  • #2
  • Mar 29, 2007 3:06pm Mar 29, 2007 3:06pm
Wednesdays are usually triple swap...so 7.44 is actually about right.

Quoting mmnoname
Hi, I have a question about swap rates and how they are calculated. I opened a long trade on the GBP/JPY of 0.1 lots and I got 7.44 as the swap. That seems really high for such a small trade. How are they calculated. Also Where can I find historic data regarding the swap rates?


Thank you
  • #3
  • Mar 30, 2007 7:46am Mar 30, 2007 7:46am
Do you know how they are calculated exactly?
  • #4
  • Last Post: Mar 30, 2007 7:53am Mar 30, 2007 7:53am
check here : http://fxtrade.oanda.com/fxtrade/int...culation.shtml

found it at thread below
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