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Hi, I just would like to know on which amount interest is calculated? For example if I buy R 100 000.00 worth of SSF or CFD and gearing is 5, I pay R20 000.00. If gearing is, say 2 I will pay R 50 000.00. Is the interest now charged on the R 100 000.00 or the loan amount R 80 000/R 50 000. Need to know this in making decisions for longer term derivatives views.....