Is there an overnight interest for Hong Kong stock CFD products? How to calculate overnight interest?

The overnight interest for Hong Kong stock CFD products is charged according to the annualized 4 of the contract value of the position actually held by the customer, that is, the calculation formula is as follows:

  • Lot size * contract size * market price * long or short overnight interest (4) * trading days / 360 days / HKD/USD exchange rate

Example:
To buy 1 lot of Xiaomi Group stock CFDs and hold the position overnight, the overnight interest is 0.26 US dollars, and the calculation method is as follows:

  • Lot size (1) * contract size (1000) * market price (18.252) * long/short order overnight interest (4) * trading days (1) / 360 days / HKD/USD exchange rate * (take 7.8 as an example) = 0.26

(*Note: The results shown above are for reference only, the calculation will be changed according to the real-time exchange rate conversion, and may differ from the actual interest charged)

For details, please check the overnight interest information of the Hong Kong stock CFD products in the product specification of MetaTrader 4 or Doo Prime official website – overnight interest.

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