FxPro Help Centre - Glossary

  1. Forex glossary terms and definitions
  2. Rollover

Rollover

A rollover occurs when a position is kept open overnight without being settled (two days being the usual delivery date for Forex). For the position to remain open it must be closed and re-opened so that the scheduled delivery date is deferred for another day. Brokers automatically do this at the same price the position was initially opened at. Rollovers require a swap transaction to take place where the difference between the interest due on the currency borrowed and currency bought is settled.

Other terms in this category

Reversal
Risk Appetite
Risk Aversion
Risk Capital

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