At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading applications, resources and trading terminals. As part of our ongoing series on the market, here’s a brief recap on Swap (rollover). When traders do not close positions at the end of the day, it is rolled over to the next day. The rollover depends on the order rate at the end of the day or spot rate and the forward rate, when it is reopened the next day. Since two transactions take place at the same time, it is called a swap, with the difference between spot and forward rates termed swap points. For more information, check out Trader’s Way.