MLD Illustration
Customer joins MLD with below details:
Placement: USD 50,000
Currency: USD
Currency Pairing: AUD/USD
Spot: 0.6927
Lower Limit: 0.6897
Tenor: 3 months (=90 days)
Minimum Payout: 0.50% gross
Maksimum Payout: 2.70% gross
MLD Type: European One Touch
Payout Description:
-
If in the fixing date and time does not touch lower limit, then
Customer get Minimum Payout
(0.50% gross per annum) - If in the fixing date and time touch lower limit, then Customer get Maximum Payout (2.70% gross per annum)
Scenario A
At fixing date and time, rate at 0.6917 →
does not touch lower limit, then Customer get Minimum
Payout.
Customer Earnings:
Placement Amount + ((Placement Amount x Payout Amount x
(Tenor/365)) – Tax 20%)
= USD 50,000 + ((USD 50,000 x 0.5% x (90/365)) - Pajak 20%)
= USD 50,049.32 net
Scenario B
At fixing date and time, rate at 0.6887 →
touch lower limit, then Customer get Maximum Payout.
Customer Earnings:
Placement Amount + ((Placement Amount x Payout Amount x
(Tenor/365)) – Tax 20%)
= USD 50,000 + ((USD 50,000 x 2.7% x (90/365)) – Tax 20%)
= AUD 100,197.26 net
= AUD 100,197.26 x 0.6380
= USD 50,266.30 net