What are overnight fees?
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Hey everyone, quick question because I’m still figuring all this out! I noticed my broker these overnight fees (I think they’re called swap or rollover fees?) and I’m trying to wrap my head around why they exist. Like, what exactly am I being charged for? And how do they even calculate those fees? Sometimes they seem small, but other times they’re bigger than I expected. Would love if someone could break it down in simple terms for me. thanks!
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