BizFOREX Interest Rate Calculation
BizFOREX interest rates are calculated on the account balances, and it
is charged on the currency pairs currently held in
customer positions. Moreover, BizFOREX calculates interest rates charged
over-nightly after NY market close.
BizFOREX interest charging is performed daily
at 4pm EST. Hence, interest on the account balance is credited/charged after 4pm
EST each day, with an appropriate entry in the transaction table of each
account.
