The net value of cash and security transfers are calculated for a given investment period, and include:
- Cash transfers between Accounts: If a cash transfer requires a currency exchange, e.g. transfer of cash from a USD Account to a EUR Account, Saxo applies the closing USD/EUR currency price; on the day of transfer
- Security transfers between Accounts: A security is transferred at its market closing price; on the day of the transfer
Cash inflows and security deposit transfers to the Account are added to the Account Value, while cash outflows and security withdrawal transfers from the Account are deducted from the Account Value.
Cash transfers also affect the Cash amount, where cash withdrawals are subtracted from the Cash amount and cash deposits are added to the Cash amount.
Cash and security transfers are calculated as: