CFD Expiration Date

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (1st November– 7th November) and Applicable Leverages (7th November –11th November) Announcement

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (1st November– 7th November) and Applicable Leverages (7th November –11th November) 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 1st Nov 2nd Nov 3rd Nov 4th Nov 7th Nov Dividend Payout Time
(GMT+0)
GER40
FRA40
US30 3.922 20:55
NAS100 0.126 4.063 20:55
SPX500 0.031 0.019 0.478 0.803 0.069 20:55
ChinaA50
HK50 0.837 8.867 18:45
AUS200 0.171 15.131 20:55
SPAIN35 1.243 2.054 18:55
UK100
EURO50 0.74 20:55
JAPAN225

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 1st Nov 2nd Nov 3rd Nov 4th Nov 7th Nov Dividend Payout Time
(GMT+0)
PFE 0.4 20:00
WFC 0.3 20:00
AAPL 0.23 20:00
C 0.51 20:00
INTC 0.365 20:00

(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 (7th November –11th November):

Earnings Announcement Date Symbol Leverage Amendment Time (GMT+0) Amended Leverage Resumed Leverage Time (GMT+0) Resumed Leverage
15th November WMT 11th November, 21:00 1:5 16th November, 21:00 1:10