Pricing & Costs
Intermediate
Triple Swap (Wednesday)
On Wednesdays, brokers charge three days of swap to cover the weekend — Wednesday rollover prices Wed/Thu/Fri/Sat/Sun.
Definition
FX settles T+2, so positions opened Wednesday settle Friday. Holding past Wednesday’s rollover means the settlement date jumps to Monday, covering Wed/Thu/Fri/Sat/Sun — three swap charges.
Example
Hold a EUR/USD short overnight Wednesday → roughly 3× the normal swap is debited at the 17:00 NY rollover.