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 over-nightly 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