As Index CFDs and Single Stock CFDs at Saxo Markets are margined products, you finance the traded value through an overnight credit/debit charge.
If you open and close a CFD position within the same trading day, you are not subject to overnight financing.
Financing is charged on Index or Single Stock (Single Stock and ETFs/ETCs) CFD positions - but not on expiring CFDs (Commodity and Forex CFDs, and some Stock Index CFDs).
The CFD financing is calculated daily and charged on a monthly basis. You can view historical CFD financing costs, in your CFD Finance Details report.
In the trade ticket, the overnight financing of the CFD position is shown in the Interest/day line.
Additional information about Overnight financing of CFD positions can be found on our home page.