Rollover Type

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What is rollover?

 

 

 

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 Rollover which is also called swap,

is the interest paid for holding opposition overnight, or it's the process of extending the settlement date of an open position with value date to the next business day. This requires a debit or a credit interest charge.

-  Notice that there is no rollover on Saturdays and Sundays because most banks across the world are closed on their days.

-  There is no rollover on holidays.