The Open Interest Charge (OIC) is the daily cost charged by the ASX for holding an open position in an ASX Listed CFD. The OIC rate is set by the ASX and is paid daily by both long and short positions. The OIC can be changed by ASX in response to market circumstances. The rate can move up and down but is expected to be adjusted only infrequently.
A list of OIC Rates applicable for ASX Listed CFDs (PDF 85KB) is available.
OIC long position
OIC short position