CFD Expiration Date - ZFX

CFD Expiration Date

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 to 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: 

(Please note that the dividend payment for Spot Stock Indices provided below is based on public information obtained 10 days in advance, the actual dividend payments may change due to the market change. If there have any changes, we will update the dividend values in the announcement section. 

For example: The dividend value for SPX500: 1 (1.5), where 1 represents the previous dividend value, and 1.5 represents the adjusted dividend value according to the market. Investors are strongly advised to understand the adjustment for the dividend value, and it is not recommended to engage in short-term investments solely for the purpose of obtaining dividends before the dividend distribution. Any dividend payment should always based on the updated figures.)

Symbol 25 June 26 June 27 June 28 June 1 July Dividend Payout Time
(GMT+1)
FRA40         3.39059 21:55
US30           21:55
NAS100       1.14934   21:55
SPX500   0.00598 0.06568 0.69917 0.14563 21:55
ChinaA50   4.89348   15.38115   18:55
HK50 2.77766 1.07232 18.68554     19:45
AUS200   0.16253 11.01923     21:55
SPAIN35 1.16034   11.81210   0.67490 18:55
UK100     5.92210 0.07029   21:55
EURO50           21:55
JAPAN225     38.84183     21:55
FRA40min         3.39059 21:55
US30min           21:55
NAS100min       1.14934   21:55
SPX500min   0.00598 0.06568 0.69917 0.14563 21:55
ChinaA50min   4.89348   15.38115   18:55
HK50min 2.77766 1.07232 18.68554     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 expected stock dividend figures below for this week:

Symbol 25 June 26 June 27 June 28 June 1 July Dividend Payout Time  (GMT +1)
            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 of 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 (25th June – 1st July 2024): 

Symbol  Earnings Announcement Date Leverage Amendment Time(GMT+1) Amended Leverage  Resumed Leverage Time(GMT+1)  Resumed Leverage   
FDX 25/06/2024 23/06/2024 21:00 1:5 26/06/2024 21:00 1:10
MU 26/06/2024 24/06/2024 21:00 1:5 27/06/2024 21:00 1:10
NKE 27/06/2024 25/06/2024 21:00 1:5 28/06/2024 21:00 1:10