Daily Cost of Carry ("Premium")

Some positions held past 5PM EST (New York time) will be subject to Cost of Carry charges/credits as detailed in the "Reference Prices" window of your trading platform. This cost is set at 0% to 8% per annum of the notional value of the position, depending on the product. Individual shares are charged 8% per annum for long positions and 2% per annum for short positions.This equates to about $0.00 to $1.00 per lot per day for most instruments.