Overnight Rollover. On Wednesday at 21:00 GMT, overnight rollover fees are multiplied by three (x3) in order to compensate for the upcoming weekend. The premium amount shall be determined by FRONTIER MARKETS PTY LTD from time to time, in Frontier Markets Pty Ltd’s sole and absolute discretion. Customer hereby authorizes FRONTIER MARKETS PTY LTD to add or subtract the premium to or from Customer’s account for any open transaction that has accrued a premium, in accordance with the applicable rate thereto, each day at the time of collection specified on the trading platform for each individual instrument, as applicable.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Overnight Rollover. On Wednesday at 21:00 GMT, overnight rollover fees are multiplied by three (x3) in order to compensate for the upcoming weekend. The premium amount shall be determined by FRONTIER SEACREAST MARKETS PTY LTD from time to time, in Frontier Markets Pty Ltd’s SEACREAST MARKETS PTY LTD sole and absolute discretion. Customer hereby authorizes FRONTIER authorises SEACREAST MARKETS PTY LTD to add or subtract the premium to or from Customer’s account for any open transaction that has accrued a premium, in accordance with the applicable rate thereto, each day at the time of collection specified on the trading platform for each individual instrument, as applicable.
Appears in 1 contract
Sources: Client Agreement