ARC Reference Benchmark Rates

ARC's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. ARC uses a combination of internationally recognized reference rates (such as Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an ARC Reference Benchmark rate.

For more information about ARC Reference Benchmark, visit the ARC Knowledge Base.

For information regarding the various external reference rates that contribute to the ARC Reference Benchmark rate see Benchmark Interest Calculation Reference Rate Descriptions.

Prior Period Benchmark Rates

ARC accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.