Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (21st February– 27th February) and Applicable Leverages (27th February –3rd March) - Zeal Capital Market

CFD Expiration Date

Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (21st February– 27th February) and Applicable Leverages (27th February –3rd March)

Please be advised that when trading shares and spot stock indices using contracts for difference (CFDs), when an underlying 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 market close (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 contract specification 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 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 21st February 22nd February 23rd February 24th February 27th February Dividend Payout Time
(GMT+0)
GER40            
FRA40            
US30     6.788   4.614 21:55
NAS100   0.225 1.426 0.891 0.232 21:55
SPX500 0.035 0.083 0.343 0.18 0.603 21:55
ChinaA50            
HK50            
AUS200 1.812 15.752 27.446 1.248 7.072 21:55
SPAIN35 1.903          
UK100     16.841     21:55
EURO50            
JAPAN225         15.906 21:55
GER40min            
FRA40min            
US30min     6.788   4.614 21:55
NAS100min   0.225 1.426 0.891 0.232 21:55
SPX500min 0.035 0.083 0.343 0.18 0.603 21:55
ChinaA50min            
HK50min            

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 21st February 22nd February 23rd February 24th February 27th February Dividend Payout Time
(GMT+0)
             
             
             
             

(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 (27th February –3rd March):

Symbol Earnings Announcement Date Leverage Amendment Time (GMT+0) Amended Leverage Resumed Leverage Time (GMT+0) Resumed Leverage