Quote:
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Originally Posted by ikholod
When you do a spot deal, the actual value date is two days forward. A deal done on Thursday is for value Monday. A deal done on Friday is value on Tuesday, and so on.On Wednesday the amount is tripled because it includes the previous weekend.
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The last sentence is important:
"On Wednesday the amount is tripled because it includes the previous weekend."
You now have Tuesday's 16.95 + (3 x 16.95) for Wednesday= 67.80