Forex glossary
Rollover (position renewal)
Moving settlement forward or carrying exposure into another period under a product's rules. Retail FX rollover may involve financing, without physical delivery to the client; check the timing, rate units and number of charged days.
Illustrative example
How does it work in practice?
A hypothetical tariff charges −2 USD per lot per charged day. A 0.5-lot position with a three-day charge incurs a 3 USD debit; the number of days is an assumed product term.
A case to work through
Two charged days
Hypothetical tariff: −4 USD/lot/day, position 0.25 lots, adjustment covers 2 days.
- The daily amount is −1 USD.
- The two-day adjustment is −2 USD.
What follows? Read product terms and its financing calendar.
Example boundary: This establishes neither a weekday nor an actual broker rate.
A useful distinction
Rollover (position renewal) / Settlement and value date
Settlement makes payment or delivery; rollover moves a date or carries exposure.
Check your understanding
Apply a stated financing rate.
Show the answer and explanation
−3 USD
−3 × 0.5 × 2 = −3 USD.
Products, delivery and financing calendars
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Read the fuller explanation
Related terms
Sources and documentation
- IG: FX rollover calendar
A provider calendar illustrates charged-day variation rather than a universal product schedule.
- CME EBS: value-date calendar
Settlement dates and currency calendars for the stated service; T+2 exercises use explicit assumptions.
The example illustrates the mechanism. Check current account conditions and instrument specifications with the provider.