ACY Changes Timing of Energy Swap Charges

ACY Securities has announced an update to how it applies swap charges on selected energy instruments. The change affects USWTI, UKBRENT, and GAS products across all account types, including both live and demo, on MT4, MT5, and the ACY Trading Platform.

Effective from 16 July, triple swap charges will now be applied at the end of trading on Wednesdays instead of Fridays. This change reflects the rollover for Friday, Saturday, and Sunday, and aligns the schedule with standard practices in the broader trading industry.

A single-day swap will now be charged at the end of trading on Fridays. This adjustment forms part of a revised schedule for overnight financing, particularly for traders holding energy positions over multiple days.

The previous approach applied triple swaps on Fridays. With the new mid-week timing, the swap application is intended to follow the logic commonly used by major liquidity providers.

ACY has advised clients to check their open positions before the changes take effect and to consider any necessary risk management steps. Traders holding positions in energy products mid-week are encouraged to review their margin levels and swap exposure in line with the new schedule.

The broker asserts that its support team remains available to handle questions and assist with any issues that may arise during the changeover.

This update follows earlier changes made by ACY to its platform offerings, including the recent expansion of its cryptocurrency instruments. The revision to the swap schedule reflects ongoing adjustments to trading conditions and platform operations in response to shifts in the financial markets.

The updated swap structure replaces the previous system and affects how traders are charged for holding energy positions overnight. Traders are encouraged to review all relevant information to understand how the new schedule may impact their trading activity.