Once activated, the daily interest earned can be calculated using the following formula:
Example 1:
Taking a USD denominated trading account as an example, the daily loyalty points interest yield can be calculated using the below formula:
(Equity-Credit) * (Status Interest Rate) / 365 days = daily interest in dollars
1 Dollar earned = 1 Loyalty point
Example 2:
Taking a JPY denominated trading account as an example, the daily loyalty points interest yield can be calculated using the below formula:
(Equity-Credit) * (Status Interest Rate) * (JPY/USD exchange rate) / 365 days = daily interest in dollars
1 Dollar earned = 1 Loyalty point