Contract interest

Contract Interest is paid daily by holders of long positions and received daily by holders of short positions. Contract Interest payable on positions held on Friday night will also include Saturday and Sunday (e.g. 3 days interest).

The Contract Interest Rate is fixed to a benchmark rate (Contract Interest Rate) in the contract currency of the ASX Listed CFD. The Contract Interest Rate is varied whenever the relevant benchmark rate is varied.  It is important to note that the Contract Interest reflects the cash rate in the currency applicable for a particular ASX Listed CFD. 

ASX Listed CFD Contract denomination
and contract currency		 Benchmark contract interest rate
Equity
S&P/ASX 2001		 AUD Target overnight cash rate as published daily by the Reserve Bank of Australia
Gold
DJIA2		 USD Federal Funds Rate as published daily by the Federal Reserve Bank of New York

1 Standard & Poor's � and S&P � are registered trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Sydney Futures Exchange Limited. The ASX S&P/ASX 200 CFD is not sponsored, endorsed, sold or promoted by S&P and S&P makes no representation regarding the advisability of investing in the ASX S&P/ASX 200 CFD.
2 'Dow Jones', DJIA and 'Dow Jones Industrial Average IndexSM' are service marks of Dow Jones & Company, Inc. and have been licenced for use. Dow Jones has no relationship to the Sydney Futures Exchange Limited other than the licensing of the Dow Jones Industrial Average Index and its service marks for use in connection with the ASX DJIA CFD. The ASX DJIA CFD is not sponsored, endorsed, sold or promoted by Dow Jones and Dow Jones makes no representation regarding the advisability of investing in the ASX DJIA CFD.