A currency and per-account average swap report you must read before starting swap operations (June 18, 2018)

What kind of report?

● To identify the account with the most swap points, we compile and publish the swap points for major currency pairs by major accounts

● Accounts are,Money Partners, GMO Click Securities, FX Prime by GMO, Hirose Trading, SBIFX Trade, Central Tassing FX, Traders Securities

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

● From autumn 2017 to present, we aggregate swap points andpublish the average swap points per 10,000 units per day.

● All-period average: the average swap points from September 11, 2017 to present (average since the currency pair began being offered. Example: FX Prime is the average since January 2018).

● Money Partners swap points are for Partners FX accounts. Partners FX nano is not included.

● Added Mexican Peso / Yen from January 29, 2018

● Added Traders Securities from April 1, 2018

● Added Mexican Peso / Yen for Traders Securities from April 15, 2018

● Turkish Lira / Yen is publicly available for free. Other currency pairs are offered for a fee.

Why is the average swap important?

● Swap operations are based on holding positions over a very long term, sowe need to select accounts and currency pairs that consistently yield good swaps over the long term

● On days when a large amount of swap points accrue in an instant, such as a 3x DAY (three days of swaps including weekend),looking at just those days does not reveal the true performance.

● Swap points are highly volatile due to changes in policy rates and the service policies of FX companies.Viewing swap points as a line rather than a point helps identify the swap trend

Turkish Lira / Yen Swap Report

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