Is the price fixed regardless of share/commodity value.
I.e. if I had 1 Tesla share long and 1 premier oil long Iād be charged 0.17 per night for both irrespective of their value?
The swap fee is different for each stock, and also different for short/long positions and varies overtime for the same stock.
You can see the fee in the Instrument Detail section on mobile app or under Additional Info on desktop.
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Ok thanks, I know long is twice as expensive as short. Wonder why.
Not always, depends on the demand. If the stock is going up it will be more expensive to long, the other way if it is going down and there is a high short rate.
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