swap points table - tms brokers
TRANSCRIPT
Swap Points Table
Valid from 2020.06.08β2020.06.14 Swap points are published in the minimum
quotation step for the financial instrument.
Instrument Long swap Short swap
EURUSD.pro -4.3918 -1.4117
CADCHF.pro -0.4988 -3.4917
CADJPY.pro -1.8140 -2.9255
CHFJPY.pro -4.7358 -1.5472
EURCAD.pro -6.7696 -2.0606
EURCHF.pro -2.4464 -3.5941
EURGBP.pro -3.7685 -1.1521
EURJPY.pro -4.6687 -2.5061
GBPCAD.pro -4.8353 -4.5369
GBPCHF.pro -0.7629 -5.6301
GBPJPY.pro -2.9849 -4.6279
GBPUSD.pro -2.8684 -3.2438
USDCAD.pro -3.7603 -3.1278
USDCHF.pro -0.5616 -4.1186
USDJPY.pro -2.3100 -3.2829
AUDCHF.pro -1.0271 -3.4553
AUDCAD.pro -3.5104 -2.9906
AUDJPY.pro -2.3351 -2.9509
AUDNZD.pro -3.9241 -3.3898
AUDUSD.pro -2.2113 -2.1537
CHFPLN.pro -2.2294 -0.3002
EURAUD.pro -7.6806 -3.5488
EURCZK.pro -1.2033 -0.5319
EURHUF.pro -2.3664 -0.0668
EURNOK.pro -4.0136 -2.0368
EURNZD.pro -7.5956 -2.3079
EURPLN.pro -2.2519 -0.6222
EURSEK.pro -4.3021 -2.4838
EURTRY.pro -296.4961 61.3318
GBPAUD.pro -5.6689 -6.3582
GBPNZD.pro -5.3664 -5.1332
GBPPLN.pro -1.7174 -1.3505
NZDJPY.pro -1.5668 -2.4994
NZDUSD.pro -1.5042 -1.7765
USDCZK.pro -0.6732 -0.7000
USDHUF.pro -1.5883 -0.3551
USDNOK.pro -2.0088 -2.7052
USDPLN.pro -1.3394 -0.9330
USDSEK.pro -2.2754 -3.0943
USDTRY.pro -251.2321 47.7018
EURZAR.pro -49.6343 -2.2122
USDZAR.pro -41.1523 -3.5907
SILVER.pro -0.2311 -0.1627
GOLD.pro -2.2115 -1.5540
COPPER.pro -0.0740 -0.0519
EURUSD.std -6.2741 -3.2940
CADCHF.std -1.6958 -4.6888
CADJPY.std -3.1746 -4.2862
CHFJPY.std -6.6301 -3.4417
EURCAD.std -9.2926 -4.5838
EURCHF.std -4.2585 -5.4062
EURGBP.std -5.2442 -2.6278
EURJPY.std -6.7285 -4.5659
GBPCAD.std -7.6459 -7.3477
GBPCHF.std -2.7815 -7.6489
GBPJPY.std -5.2794 -6.9226
GBPUSD.std -4.9652 -5.3408
USDCAD.std -5.9942 -5.3619
USDCHF.std -2.1661 -5.7232
USDJPY.std -4.1337 -5.1066
AUDCHF.std -2.1477 -4.5759
AUDCAD.std -5.0707 -4.5508
AUDJPY.std -3.6089 -4.2246
AUDNZD.std -5.7079 -5.1739
AUDUSD.std -3.3752 -3.3178
CHFPLN.std -2.9047 -0.9760
EURAUD.std -10.3757 -6.2440
EURCZK.std -1.6462 -0.9752
EURHUF.std -2.9389 -0.6397
EURNOK.std -5.7587 -3.7825
EURNZD.std -10.4801 -5.1926
EURPLN.std -2.9862 -1.3569
EURSEK.std -6.0345 -4.2167
EURTRY.std -302.8840 54.9426
GBPAUD.std -8.6711 -9.3609
GBPNZD.std -8.5797 -8.3469
GBPPLN.std -2.5353 -2.1690
NZDJPY.std -2.7567 -3.6896
NZDUSD.std -2.5915 -2.8641
USDCZK.std -1.0653 -1.0925
USDHUF.std -2.0952 -0.8624
USDNOK.std -3.5540 -4.2510
USDPLN.std -1.9896 -1.5835
USDSEK.std -3.8094 -4.6287
USDTRY.std -256.8883 42.0451
EURZAR.std -51.2137 -3.7924
USDZAR.std -42.5509 -4.9896
SILVER.std -0.3787 -0.3106
GOLD.std -3.6231 -2.9667
COPPER.std -0.1212 -0.0992
AUDCAD -5.0707 -4.5508
AUDCHF -2.1477 -4.5759
AUDJPY -3.6089 -4.2246
AUDNZD -5.7079 -5.1739
AUDUSD -3.3752 -3.3178
CADCHF -1.6958 -4.6888
CADJPY -3.1746 -4.2862
CHFJPY -6.6301 -3.4417
CHFPLN -29.0468 -9.7600
EURAUD -10.3757 -6.2440
EURCAD -9.2926 -4.5838
EURCHF -4.2585 -5.4062
EURCZK -16.4623 -9.7518
EURGBP -5.2442 -2.6278
EURHUF -29.3893 -6.3973
EURJPY -6.7285 -4.5659
EURNOK -57.5870 -37.8252
EURNZD -10.4801 -5.1926
EURPLN -29.8623 -13.5687
EURSEK -60.3450 -42.1667
EURTRY -302.8840 54.9426
EURUSD -6.2741 -3.2940
EURZAR -512.1371 -37.9238
GBPAUD -8.6711 -9.3609
GBPCAD -7.6459 -7.3477
GBPCHF -2.7815 -7.6489
GBPJPY -5.2794 -6.9226
GBPPLN -25.3525 -21.6897
GBPUSD -4.9652 -5.3408
NZDJPY -2.7567 -3.6896
NZDUSD -2.5915 -2.8641
USDCAD -5.9942 -5.3619
USDCHF -2.1661 -5.7232
USDCZK -10.6534 -10.9248
USDHUF -20.9522 -8.6236
USDJPY -4.1337 -5.1066
USDNOK -35.5402 -42.5100
USDPLN -19.8964 -15.8348
USDSEK -38.0938 -46.2867
USDTRY -256.8883 42.0451
USDZAR -425.5086 -49.8957
USDMXN -60.7024 3.8712
XAGUSD -0.3787 -0.3106
XAUUSD -3.6231 -2.9667
COPPER -0.1212 -0.0992
AUDCAD.stp -3.5104 -2.9906
AUDCHF.stp -1.0271 -3.4553
AUDJPY.stp -2.3351 -2.9509
AUDNZD.stp -3.9241 -3.3898
AUDUSD.stp -2.2113 -2.1537
CADCHF.stp -0.4988 -3.4917
CADJPY.stp -1.8140 -2.9255
CHFJPY.stp -4.7358 -1.5472
CHFPLN.stp -2.2294 -0.3002
EURAUD.stp -7.6806 -3.5488
EURCAD.stp -6.7696 -2.0606
EURCHF.stp -2.4464 -3.5941
EURGBP.stp -3.7685 -1.1521
EURJPY.stp -4.6687 -2.5061
EURNOK.stp -40.1360 -20.3676
EURNZD.stp -7.5956 -2.3079
EURPLN.stp -2.2519 -0.6222
EURSEK.stp -43.0207 -24.8382
EURTRY.stp -296.4961 61.3318
EURUSD.stp -4.3918 -1.4117
GBPAUD.stp -5.6689 -6.3582
GBPCAD.stp -4.8353 -4.5369
GBPCHF.stp -0.7629 -5.6301
GBPJPY.stp -2.9849 -4.6279
GBPNZD.stp -5.3664 -5.1332
GBPPLN.stp -1.7174 -1.3505
GBPUSD.stp -2.8684 -3.2438
NZDUSD.stp -1.5042 -1.7765
USDCAD.stp -3.7603 -3.1278
USDCHF.stp -0.5616 -4.1186
USDHKD.stp -26.4791 -10.1182
USDJPY.stp -2.3100 -3.2829
USDNOK.stp -20.0878 -27.0520
USDPLN.stp -1.3394 -0.9330
USDSEK.stp -22.7538 -30.9433
USDTRY.stp -251.2321 47.7018
XAGUSD.stp -2.3115 -1.6271
XAUUSD.stp -22.1148 -15.5399
3M -1.2453 -1.0780
AMAZON -18.4834 -16.0007
AIG -0.2707 -0.2344
APPLE -2.4673 -2.1361
AT&T -0.2438 -0.2111
BABA -1.6344 -1.4154
BOEING -1.5271 -1.3232
CHEVRON -0.7500 -0.6494
CISCO -0.3560 -0.3082
CITI -0.4380 -0.3792
COCACOLA -0.3653 -0.3163
EBAY -0.3634 -0.3146
EXXONM -0.3949 -0.3421
FACEBOOK -1.7178 -1.4872
GE -0.0586 -0.0508
GMOTORS -0.2278 -0.1973
GOOGLE -10.7207 -9.2846
IBM -0.9826 -0.8507
INTEL -0.4788 -0.4145
J&J -1.0962 -0.9492
JPMORGAN -0.8273 -0.7161
MCDONALD -1.4669 -1.2701
MICROSFT -1.3937 -1.2067
PFIZER -0.2678 -0.2319
P&G -0.8805 -0.7622
STBUCKS -0.6115 -0.5294
WALMART -0.9049 -0.7833
GOLDMAN -1.6224 -1.4044
UPS -0.7942 -0.6875
ALCOA -0.0896 -0.0778
AMERICANEXP -0.8167 -0.7071
BOA -0.2091 -0.1811
CATERPILLAR -1.0052 -0.8703
SNAP -0.1513 -0.1310
DISNEY -0.9282 -0.8037
FORD -0.0546 -0.0474
FEDEX -1.0585 -0.9164
HARLEY-DAVI -0.1892 -0.1638
HP -0.0826 -0.0716
NIKE -0.7638 -0.6615
PEPSI -0.9858 -0.8536
PM -0.5648 -0.4889
TWITTER -0.2595 -0.2247
VISA -1.4839 -1.2859
PAYPAL -1.1615 -1.0056
TESLA -6.5905 -5.7066
NETFLIX -3.1218 -2.7044
LYFT -0.2903 -0.2514
PINTEREST -0.1680 -0.1455
UBER -0.2853 -0.2470
BASF -3.2410 -4.7753
DTELEKOM -0.8546 -1.2590
ALLIANZ -10.7230 -15.7975
BAYER -3.7724 -5.5570
BEIERSDO -5.5047 -8.1097
DAIMLERC -2.2937 -3.3786
DBANK -0.5043 -0.7430
SIEMENS -6.0956 -8.9816
LUFTHANS -0.6263 -0.9236
CECONOMY -0.2038 -0.3009
ADIDAS -14.5819 -21.4820
BMW -3.4421 -5.0715
COMMERZBANK -0.2614 -0.3853
CONTINENTAL -5.6592 -8.3421
HENKEL -4.7947 -7.0658
RWE -1.7132 -2.5237
THYSSEN -0.4369 -0.6444
VOLKSWAGEN -9.0772 -13.3838
BARCLAYS -0.9512 -0.8843
GSK -11.6744 -10.8461
M&S -0.8515 -0.7916
RBS -0.9939 -0.9245
ROLLS-ROYCE -2.7840 -2.5892
RIOTINTO -32.5949 -30.2849
SHELL -10.9528 -10.1798
STAN -3.3039 -3.0714
TESCO -1.6107 -1.4974
UNILEVER -30.8939 -28.7083
VODAFONE -1.0078 -0.9364
SANTANDER -0.1450 -0.2136
TELEFONICA -0.2800 -0.4124
BBVA -0.2036 -0.3000
IBERDOLA -0.5631 -0.8301
REPSOL -0.5581 -0.8224
CAIXABANK -0.1184 -0.1745
REDELECTRIC -0.9350 -1.3777
GRIFOLS -1.5306 -2.2557
BANKINTER -0.2723 -0.4017
MAPFRE -0.1071 -0.1579
ACS -1.5065 -2.2210
AMADEUS -3.0310 -4.4651
INDITEX -1.4981 -2.2078
ACERINOX -0.4575 -0.6753
AENA -7.9538 -11.7212
BANKIA -0.0571 -0.0843
IAG -0.2216 -0.3270
SACYR -0.1186 -0.1769
TECNICAS -0.9639 -1.4252
BOGDANKA -18.2792 -15.1699
BUDIMEX -170.0301 -140.5534
CCC -52.2477 -43.2186
MBANK -196.0789 -162.5962
ASSECOPL -54.8751 -45.4477
SANTANDERPL -144.9573 -119.8110
EUROCASH -14.4507 -11.9378
KGHM -67.8769 -56.0604
LOTOS -48.9447 -40.4447
MILLENNI -2.5373 -2.0990
NETIA -2.9277 -2.4458
ORANGEPL -4.8682 -4.0247
PEKAO -44.5156 -36.7792
PGE -4.6843 -3.8773
PGNIG -3.3278 -2.7522
PKNORLEN -54.0493 -44.6675
PKOBP -18.3693 -15.1637
CDPROJEKT -281.7321 -232.5633
PZU -24.3672 -20.1171
CYFRPLST -20.4336 -16.8664
ALIOR -13.4673 -11.1266
HANDLOWY -31.5288 -26.0674
CIECH -26.4992 -21.9189
INGBSK -119.8093 -99.4400
JSW -15.1188 -12.5074
PKPCARGO -12.5965 -10.4146
TAURON -1.0922 -0.9028
LPP -5885.3699 -4866.7397
DINO -142.0438 -117.2221
ASHR.ETF -0.2127 -0.1842
DBA.ETF -0.1031 -0.0895
DBC.ETF -0.0916 -0.0793
EEM.ETF -0.3043 -0.2635
EFA.ETF -0.4751 -0.4113
EWA.ETF -0.1513 -0.1310
EWW.ETF -0.2623 -0.2271
EWY.ETF -0.4459 -0.3865
EWZ.ETF -0.2342 -0.2028
FXI.ETF -0.3087 -0.2673
GLD.ETF -1.1764 -1.0184
HYG.ETF -0.6289 -0.5444
IVV.ETF -2.3855 -2.0650
IYR.ETF -0.6297 -0.5451
OIH.ETF -1.1492 -0.9948
SLV.ETF -0.1208 -0.1046
SPY.ETF -2.3768 -2.0575
SSO.ETF -0.9957 -0.8621
SVXY.ETF -0.2716 -0.2351
TBT.ETF -0.1312 -0.1136
VNQ.ETF -0.6301 -0.5454
VXXB.ETF -0.2171 -0.1880
XHB.ETF -0.3396 -0.2941
XLB.ETF -0.4452 -0.3854
XLE.ETF -0.3338 -0.2891
XLF.ETF -0.1954 -0.1692
XLI.ETF -0.5569 -0.4823
XLP.ETF -0.4500 -0.3895
XLU.ETF -0.4557 -0.3946
XLV.ETF -0.7686 -0.6654
XLY.ETF -0.9771 -0.8464
BITCOIN -137.3166 -133.5351
BTCUSD -624.8311 -621.0871
ETHUSD -156.6101 -155.7648
LTCUSD -29.8564 -29.7186
BCHUSD -16.3291 -16.2516
XRPUSD -12.9961 -12.9300
The maximum size of the interest rate margin for calculating swap points has been
specified in the TMS Fee and Commission Table.
To establish the above-mentioned Swap Points, TMS applied a margin in the
amount of:
TMS
The amount of interest rate commission in order to swap points calculation
EURTRY, USDTRY, EURZAR, USDZAR ,USDMXN, EURTRY.stp,
USDTRY.stp, EURTRY.std, USDTRY.std, EURZAR.std, USDZAR.std,
EURTRY.pro, USDTRY.pro, EURZAR.pro, USDZAR.pro
4,00%
Stocks and ETF's 2,50%
Other FX (.pro) + FX (.stp), XAGUSD.stp, XAUUSD.stp, COPPER.pro,
GOLD.pro, SILVER.pro 0,40%
Other FX + FX(.std) oraz COPPER, XAGUSD, XAUUSD, COPPER.std,
GOLD.std, SILVER.std 0,70%
BITCOIN 5,00%
BTCUSD, ETHUSD, LTCUSD, BCHUSD, XRPUSD 23,00%
Formulas for calculating CFD swap points based on currencies, cryptocurrencies, gold,
silver and copper (swap points for CFDs based on cryptocurrencies, gold, silver,
copper, DE30., US100., FR40., US500., GB100., US30., EU50., ES35., IT40. and
CH20. are calculated based on the formula used to determine swap points for currency
instruments, with the reservation, however, that the interest rate is determined only for
one currency in which the underlying instrument is quoted).
ππππ π π€ππ = β(π πππ‘π΅πΌπ· Γ(1 + (deposit rate of quoted currencyπ΄ππΎ + markup) Γ
1π
)
(1 + (deposit rate of base currencyπ΅πΌπ· β markup) Γ1π
)β π πππ‘π΅πΌπ·) Γ ππ’ππ‘ππππππ
π βπππ‘ π π€ππ = (π πππ‘π΄ππΎ Γ(1 + (deposit rate of quoted currencyπ΅πΌπ· β markup) Γ
1π
)
(1 + (deposit rate of base currencyπ΄ππΎ + markup) Γ1π
)β π πππ‘π΄ππΎ) Γ ππ’ππ‘ππππππ
long swap - the value of swap points calculated for long position;
short swap β the value of swap points calculated for a short position;
spot BID,ASK β exchange rate of a given currency pair in the moment of calculating
BID or ASK swap points;
markup β the amount of commission that TMS Brokers imposes on the interest rate;
T - means the number of days according to the convention adopted for a given currency
(eg for USD, the year has 360 days, while for PLN 365 days);
multiplier - the coefficient resulting from the minimum step of quotations, e.g. for
EURUSD, the minimum step of quotations is 0.00001, therefore the multiplier for the
calculation of swap points will be 100 000;
deposit rate of base/quoted currency BID,ASK - for calculating swap points, TMS
EUROPE accepts quotes from the interbank market based on the instruments
presented in the table below:
Currency Bloomberg ticker Day counting
convention (T)
Deposit rate
EUR EUDR1Z CMPN Curncy 360 Euro 1 Week Deposit
USD USDR1Z CMPN Curncy 360 United States Dollar 1 Week Deposit
PLN PZDR1Z CMPN Curncy 365 Polish Zloty 1 Week Deposit
CAD CDDR1Z CMPN Curncy 360 Canadian Dollar 1 Week Deposit
JPY JYDR1Z CMPN Curncy 360 Japanese Yen 1 Week Deposit
GBP BPDR1Z CMPN Curncy 365 British Pound 1 Week Deposit
CHF SFDR1Z Curncy 360 Swiss Franc 1 Week Deposit
AUD ADDR1Z CMPN Curncy 360 Australian Dollar 1 Week Deposit
NZD NDDR1Z CMPN Curncy 360 New Zealand Dollar 1 Week Deposit
CZK CKDR1Z Curncy 360 Czech Koruna 1 Week Deposit
SEK SKDR1Z Curncy 360 Swedish Krona 1 Week Deposit
NOK NKDR1Z Curncy 360 Norwegian Krone 1 Week Deposit
ZAR SADR1Z CURNCY 360 South African Rand 1 Week Deposit
HUF HFDR1Z Curncy 360 Hungarian Forint 1 Week Deposit
RON RNDR1Z CMPN Curncy 360 Romanian Leu 1 Week Deposit
HKD HDDR1Z Curncy 360 Hong Kong Dollar 1 Week Deposit
TRY TYDR1Z CMPN Curncy 360 Turish Lira 1 Week Deposit
MXN MXNI1M CMPN Curncy 360 Mexican Peso 1 Month Froward Implied Yeld
Example.
Calculation for EURUSD
spot BID : 1,2114
spot ASK : 1,2115
T: 360
Markup: 0,65%
deposit rate of base currency BID : -0,5%
deposit rate of base currency ASK : -0,37%
deposit rate of quoted currency BID : 1,74%
deposit rate of quoted currency ASK : 1,82%
ππππ π π€ππ = β (1,2114 Γ(1 + (1,82% + 0,65%) Γ
1360
)
(1 + ((β0,5%) β 0,65%) Γ1
360)
β 1,2114) Γ 100000 = β12,1817
π βπππ‘ π π€ππ = (1,2115 Γ(1 + (1,74% β 0,65%) Γ
1360
)
(1 + ((β0,37) + 0,65%) Γ1
360)
β 1,2115) Γ 100000 = 2,7259
Formulas for calculation of swap points for CFD based on value of shares and ETFs.
ππππ π π€ππ = βspotπ΅πΌπ· ((πππππ ππ‘ πππ‘π + markup) Γ1
π) Γ ππ’ππ‘ππππππ
π βπππ‘ π π€ππ = spotπ΄ππΎ ((πππππ ππ‘ πππ‘π β markup) Γ1
π) Γ ππ’ππ‘ππππππ
long swap - the value of swap points calculated for long position;
short swap β the value of swap points calculated for a short position;
spot BID,ASK β exchange rate of a given currency pair in the moment of calculating
BID or ASK swap points;
markup β the amount of commission that TMS Brokers imposes on the interest rate;
T - means the number of days according to the convention adopted for a given currency
(eg for USD, the year has 360 days, while for PLN 365 days);
multiplier - the coefficient resulting from the minimum step of quotations, e.g. for
EURUSD, the minimum step of quotations is 0.00001, therefore the multiplier for the
calculation of swap points will be 100,000;
deposit rate of quoted currency BID,ASK - for calculating swap points, TMS Brokers
accepts quotes from the interbank market based on the instruments presented in the
table below:
Currency Bloomberg ticker Day counting convention (T) Deposit rate
USD US0001M Index 360 ICE LIBOR USD 1 Month
EUR EE0001M Index 360 ICE LIBOR EUR 1 Month
PLN WIBR1M Index 365 GPW Benchmark WIBOR PLN 1 Month
GBP BP0001M Index 365 ICE LIBOR GBO 1 Month