Currency you must absolutely read before starting swap operations, by account, average weekly swap report (June 12, 2018)

What kind of report?

● To identify the account with the highest swap points, we publish the swap points for major currency pairs by major accounts.

● The accounts are, Manek Partnerships, GMO Click Securities, FX Prime by GMO, Hirose Trading, SBI FX Trade, Central Tsumitomo FX, Traders Securities

● The currency pairs are, Turkish Lira/Yen, South African Rand/Yen, Mexican Peso/Yen, Australian Dollar/Yen, New Zealand Dollar/Yen, USD/Yen

● We have collected swap points from autumn 2017 to the present and published the average swap points per 10,000 units per day.

● Last week average: we collected last week's swap points and published the average value.

● All-period average: the average swap points from September 11, 2017 to the present (average since the day we started handling that currency pair; e.g., FX Prime is the average since January 2018).

● Money Partners refers to the swap points for the Partners FX accounts. Partners FX nano is not included.

● From January 29, 2018, we added FX Prime's Mexican Peso/Yen.

● From April 1, 2018, we added Traders Securities.

● From April 15, 2018, we added Traders Securities' Mexican Peso/Yen.

● Turkish Lira/Yen is freely published. Other currency pairs are sold for a fee.

Why is the average swap important?

● Swap operations are predicated on holding positions over a very long term, so you need to choose accounts and currency pairs that consistently deliver good swap over the long term.

● In days when a large amount of swap is added all at once, such as the 3x DAY (three days’ worth of swaps, including weekend), looking only at those instantaneous high points does not reveal true performance..

● Swap points are highly dynamic due to shifts in policy rates and changes in FX company service policies. Viewing swap points as a trend rather than a point value helps identify swap trends.

Turkish Lira/Yen Swap Report

Swap reports for Rand/Yen, Mexican Peso/Yen, Australian Dollar/Yen, New Zealand Dollar/Yen, and USD/Yen are available for a fee.