Originally Posted by
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The settlement takes 2 days. . .When you start a trade on Monday, it settles on following the conclusion of Wednesday, also if you start a trade on Tuesday, it settles on following the conclusion of Thursday...
When you start a trade on Wednesday, it is going to settle actually following the market closes on friday, so it is going to take another 2 days of vaion, additional, so you're either charged the interest rate of the Saturday Sunday or you also gain them....That's why on Wednesday, rollovers are just 3 times the normal days, accounting for the additional 2 days of the weekend. . .That's what I know at...
Thanks,
Nader