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Interest Payment
BizFOREX Interest Rate Calculation
BizFOREX pays competitive interest rates on the account balances, and it
pays and charges interest rates on the currency pairs currently held in
customer positions. Moreover, BizFOREX calculates interest rates charged and
paid overnightly after NY market close.
BizFOREX interest crediting and 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.



Interest Rates


The
Interest Rate is effectively the price at which one counterparty
(the borrower), borrows money from the other counterparty (the
lender).


The
Sharpe Ratio is a measure of the riskadjusted return of
an investment. It was derived by Prof. William Sharpe, now at
of Stanford University who was one of three economist who received
the Nobel Prize in Economics in 1990 for their contributions
to what is now called "Modern Portfolio Theory". 

Return
for Period: Return on investment
or portfolio
Riskfree Return: The riskfree rate is a theoretical
interest rate at which an investment may earn interest without
incurring any risk. In practice, the riskfree rate is often
a shortterm Treasury rate (i.e., 90 Day Treasury Bill).
Standard Deviation: A measure of dispersion of a set
of data from their mean. The more spread apart the data is,
the higher the "deviation". In statistics is can also be calculated
as the square root of the variance. 

