LEGAL

As Alternative Reference Rates (ARR) encontram-se disponíveis ao público e são reconhecidas por reguladores, participantes de mercado e associações internacionais, tais como a International Swaps and Derivatives Association (ISDA).

The Alternative Reference Rates (ARR) are public and are recognized by the regulators, market participants and international associations such as the International Swaps and Derivatives Association (ISDA).

Para cada moeda a respetiva taxa indexante | For each currency the respective indexing rate:

Currency	Day count convention	Account interest rates	Margin financing rates
AED	ACT/360	Central Bank of United Arab Emirates (CBUAE) repo rate
AUD	ACT/365	Australian Overnight Index Average (AONIA)
CAD	ACT/365	Canadian Overnight Repo Rate Average (CORRA)
CHF	ACT/360	Swiss National Bank (SNB) policy rate	Swiss Average Rate Overnight (SARON)
CNH	ACT/360	Chinese Offshore Yuan Hong Kong Interbank Offered Rate (CNH HIBOR)
CZK	ACT/360	Czech Overnight Index Average (CZEONIA)
DKK	ACT/360	Danmarks Nationalbank current-account rate
EUR	ACT/360	European Central Bank (ECB) deposit facility rate	Euro Short-Term Rate (ESTR)
GBP	ACT/365	Sterling Overnight Index Average (SONIA)
HKD	ACT/365	Hong Kong Overnight Index Average (HONIA)
HUF	ACT/360	Hungarian Overnight Index Average (HUFONIA)
ILS	ACT/360	Bank of Israel (BoI) rate
JPY	ACT/360	Tokyo Overnight Average Rate (TONAR)
MXN	ACT/360	The Equilibrium Interest Rate (TIIE) Overnight
NOK	ACT/360	Norwegian Overnight Weighted Average (NOWA)
NZD	ACT/365	Reserve Bank of New Zealand (RBNZ) Official Cash Rate (OCR)
PLN	ACT/360	Poland Overnight Index Average (POLONIA)
RON	ACT/360	National Bank of Romania deposit rate
RUB	ACT/360	Ruble Overnight Index Average (RUONIA)
SAR	ACT/360	Central Bank of Saudi Arabia (SAMA) reverse repo rate
SEK	ACT/360	Swedish Short-Term Rate (SWESTR)
SGD	ACT/365	Singapore Overnight Rate Average (SORA)
THB	ACT/365	Thai Overnight Rate (THOR)
TRY	ACT/360	Turkish Lira Reference Rate (TLREF)
USD	ACT/360	Secured Overnight Financing Rate (SOFR)
ZAR	ACT/365	South Africa Benchmark Overnight Rate (SABOR)

Alteração dos spreads das taxas e custo de financiamento em CFDs

O spread entre as taxas de financiamento será alterado de taxa fixa em todas as moedas para uma taxa variável, dependendo da moeda e das condições de liquidez dos instrumentos subjacentes em causa.
As taxas de financiamento irão continuar a basear-se nos valores de referências atuais, com exceção do valor de referência utilizado para a coroa dinamarquesa (DKK), que será substituído pela taxa de curto prazo da Dinamarca (DESTR).

Changes to the Financing Bid/Ask spreads on CFDs

The spread between the Bid/Offer financing rates will change from a fixed level across all currencies to a dynamic and variable spread across individual currencies which will depend on the underlying liquidity conditions in the given currency.
The rates will continue to be based on the current benchmarks, except for the benchmark used for Danish kroner (DKK) which will be replaced by the Denmark Short-Term Rate (DESTR).