CFD Expiration Date

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices 5th July– 11th July) and Applicable Leverages (11th July – 15th July) Announcement

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices 5th July– 11th July) and Applicable Leverages (11th July – 15th July) Announcement

Please be advised that when trading shares and spot stock indices using contracts for difference (CFDs), when a listed company or a listed company (component) of an underlying stock index pays dividend to its shareholders, the value of the corresponding position held in the client’s trading account will be affected after the closing of the market (trading platform / server time). Determined by whether the client’s position is long or short, the trading account will incur a net of tax dividend adjustment, which may be a payment or a charge. (Please note that stock indices futures CFDs do not participate in dividend adjustment. The composition of each Standard Lot referred here may vary significantly from one trading product to another, please refer to Product Guide for details.)

The projected impact of any dividend issued by a component on a stock index is weighted and calculated, and such figures are published and updated on our official website.

Dividend payment received when holding a long position:

Dividend Payment = Component Dividend (weighted, per stock index contract) × Position Size in Standard Lot × Contract Size per Standard Lot Currency Multiplier

Dividend charge deducted when holding a short position:

Dividend Charge = Component Dividend (weighted, per stock index contract) × Position Size in Standard Lot × Contract Size per Standard Lot Currency Multiplier

Please find stock indices dividend figures below for this week:

Symbol 5th Jul 6th Jul 7th Jul 8th Jul 11th Jul Dividend Payout Time
(GMT+1)
GER40
FRA40 3.363 1.41 21:55
US30 9.095 4.218 21:55
NAS100 3.018 0.055 0.329 21:55
SPX500 0.688 0.07 0.446 0.314 0.06 21:55
ChinaA50
HK50 9.81 52.201 19:45
AUS200 1.052 0.08 21:55
SPAIN35 18.176 1.942 33.07 18:55
UK100 5.926 21:55
EURO50 0.428 2.123 21:55
JAPAN225
GER30min
FRA40min 3.363 1.41 21:55
US30min 9.095 4.218 21:55
NAS100min 3.018 0.055 0.329 21:55
SPX500min 0.688 0.07 0.446 0.314 0.06 21:55
ChinaA50min
HK50min 9.81 52.201 19:45

For Share CFDs

Dividend payment received when holding a long position:

Dividend Payment = Individual Stock Dividend (per share) × Position Size in Standard Lot × Contract Size per Standard Lot

Dividend charge deducted when holding a short position:

Dividend Charge = Individual Stock Dividend (per share) × Position Size in Standard Lot × Contract Size per Standard Lot

Please find stock dividend figures below for this week:

Symbol 5th Jul 6th Jul 7th Jul 8th Jul 11th Jul Dividend Payout Time
(GMT+1)
JPM 1 21:00
CSCO 0.38 21:00
VZ 0.64 21:00
MA 0.49 21:00
T 0.278 21:00
ORCL 0.32 21:00

(Please note that the above information is indicative only, and may be subject to change Dividend payout of an individual stock normally takes place after the close of its last trading session prior to the announced ex-dividend date shown above.)

(Please also note that 2 trading days prior to earnings announcements we’ll amend our leverages across the specific companies’ share CFDs to a maximum of 1:5, reverting to a maximum 1:10 after report publishing. Please ensure that you have sufficient margin required to maintain your open positions during the above mentioned period.)

The amendment of US Share CFDs’ applicable leverages is scheduled as follows (11th July –15th July):

Earnings Announcement Date Symbol Leverage Amendment Time (GMT+1) Amended Leverage Resumed Leverage Time (GMT+1) Resumed Leverage
14th July JPM 12th July, 21:00 1:5 14th July, 21:00 1:10
15th July WFC 13th July, 21:00 1:5 15th July, 21:00 1:10
18th July IBM 14th July, 21:00 1:5 18th July, 21:00 1:10
19th July JNJ 15th July, 21:00 1:5 19th July, 21:00 1:10
19th July KO 15th July, 21:00 1:5 19th July, 21:00 1:10