CFD Expiration Date

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (29th November– 5th December) and Applicable Leverages (5th December –9th December) Announcement

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (29th November– 5th December) and Applicable Leverages (5th December –9th December) 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 29th Nov 30th Nov 1st Dec 2nd Dec 5th Dec Dividend Payout Time
(GMT+0)
GER40
FRA40 5.536 2.458 21:55
US30 4.614 41.917 13.116 21:55
NAS100 0.29 1.139 1.801 0.425 0.118 21:55
SPX500 0.351 1.08 0.674 0.318 0.054 21:55
ChinaA50
HK50 0.806 2.106 18:45
AUS200 0.151 0.834 0.259 1.592 21:55
SPAIN35
UK100 1.583 21:55
EURO50 2.475 21:55
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 29th Nov 30th Nov 1st Dec 2nd Dec 5th Dec Dividend Payout Time
(GMT+0)
KO 0.44 21:00
LMT 3 21:00
MCD 1.52 21:00
NVDA 0.04 21:00
QCOM 0.75 21:00
PEP 1.15 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 (5th December –9th December):

Earnings Announcement Date Symbol Leverage Amendment Time (GMT+0) Amended Leverage Resumed Leverage Time (GMT+0) Resumed Leverage
9th December ORCL 7th December, 21:00 1:5 10th December, 21:00 1:10