{"id":313654,"date":"2022-06-07T03:31:14","date_gmt":"2022-06-07T03:31:14","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=dividend&#038;p=313654"},"modified":"2022-06-07T03:31:14","modified_gmt":"2022-06-07T03:31:14","slug":"dividend-payment-or-charge-adjustments-on-shares-and-spot-stock-indices-7th-13rd-june-and-applicable-leverages-13rd-17th-june","status":"publish","type":"dividend","link":"https:\/\/www.zfx.com\/en-mena\/cfd-expiration-date\/dividend-payment-or-charge-adjustments-on-shares-and-spot-stock-indices-7th-13rd-june-and-applicable-leverages-13rd-17th-june-313654\/","title":{"rendered":"Dividend Payment or Charge Adjustments on Shares and Spot Stock Indices (7th \u2013 13rd June) and Applicable Leverages (13rd \u2013 17th June)"},"content":{"rendered":"<p>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\u2019s trading account will be affected after the closing of the market (trading platform \/ server time). Determined by whether the client\u2019s position is long or short, the trading account will incur a net of tax dividend adjustment, which may be a <strong>payment<\/strong> or a <strong>charge<\/strong>. (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 <a href=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2020\/12\/product-guide_digital_step2020_1207_.pdf\">Product Guide<\/a> for details.)<\/p>\n<p>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.<\/p>\n<p>Dividend payment received when holding a long position:<\/p>\n<p>Dividend <strong>Payment <\/strong>= Component Dividend (weighted, per stock index contract) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot Currency Multiplier<\/p>\n<p>Dividend charge deducted when holding a short position:<\/p>\n<p>Dividend <strong>Charge <\/strong>= Component Dividend (weighted, per stock index contract) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot Currency Multiplier<\/p>\n<p>Please find stock indices dividend figures below for this week:<\/p>\n<div class=\"table-responsive\">\n<table class=\"table table-bordered m-0\">\n<thead>\n<tr style=\"height: 70px;\">\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 326.211px;\">Symbol<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 163.301px;\">7th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 163.301px;\">8th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 163.301px;\">9th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 163.301px;\">10th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 163.301px;\">13th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 163.34px;\">Dividend Payout Time<br \/>\n(GMT+1)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">GER40<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\"><\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">FRA40<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">4.537<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\">21:55<\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">US30<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">6.129<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\">21:55<\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">NAS100<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.131<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.092<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.472<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\">21:55<\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">SPX500<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.112<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.154<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.436<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.113<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.028<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\">21:55<\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">ChinaA50<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\"><\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">HK50<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">8.014<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">4.654<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">38.083<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">0.196<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\">19:45<\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">AUS200<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\"><\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">SPAIN35<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\"><\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">UK100<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\">2.263<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\">21:55<\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">EURO50<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\"><\/td>\n<\/tr>\n<tr style=\"height: 20px;\">\n<td style=\"text-align: center; height: 23px; width: 326.211px;\">JAPAN225<\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.301px;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center; height: 23px; width: 163.34px;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>For Share CFDs<\/p>\n<p>Dividend payment received when holding a long position:<\/p>\n<p>Dividend <strong>Payment <\/strong>= Individual Stock Dividend (per share) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot<\/p>\n<p>Dividend charge deducted when holding a short position:<\/p>\n<p>Dividend <strong>Charge <\/strong>= Individual Stock Dividend (per share) \u00d7 Position Size in Standard Lot \u00d7 Contract Size per Standard Lot<\/p>\n<p>Please find stock dividend figures below for this week:<\/p>\n<div class=\"table-responsive\">\n<table class=\"table table-bordered m-0\">\n<thead>\n<tr style=\"height: 70px;\">\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 300px;\">Symbol<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">7th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">8th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">9th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">10th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">13th Jun<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">Dividend Payout Time<br \/>\n(GMT+1)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr style=\"height: 20px;\">\n<td class=\"text-center\" style=\"text-align: center;\">NVDA<\/td>\n<td class=\"text-center\" style=\"text-align: center;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center;\">0.04<\/td>\n<td class=\"text-center\" style=\"text-align: center;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center;\"><\/td>\n<td class=\"text-center\" style=\"text-align: center;\">21:00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(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.)<\/p>\n<p><strong>(Please also note that 2 trading days prior to earnings announcements we\u2019ll amend our leverages across the specific companies\u2019 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.)<\/strong><\/p>\n<\/div>\n<div class=\"table-responsive\">\n<p>The amendment of US Share CFDs\u2019 applicable leverages is scheduled as follows (13th June \u201317th June):<\/p>\n<div class=\"table-responsive\">\n<table class=\"table table-bordered m-0\">\n<thead>\n<tr style=\"height: 70px;\">\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 300px;\">Earnings Announcement Date<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">Symbol<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 300px;\">Leverage Amendment Time (GMT+1)<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">Amended Leverage<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 300px;\">Resumed Leverage Time (GMT+1)<\/th>\n<th class=\"border-top-0 border-bottom-0 text-center\" style=\"height: 70px; width: 150px;\">Resumed Leverage<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr style=\"height: 20px;\">\n<td class=\"text-center\" style=\"text-align: center;\">15th June<\/td>\n<td class=\"text-center\" style=\"text-align: center;\">ORCL<\/td>\n<td class=\"text-center\" style=\"text-align: center;\">13rd June, 21:00<\/td>\n<td class=\"text-center\" style=\"text-align: center;\">1:5<\/td>\n<td class=\"text-center\" style=\"text-align: center;\">15th June, 21:00<\/td>\n<td class=\"text-center\" style=\"text-align: center;\">1:10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s trading account will be affected after the closing of the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"template":"","class_list":["post-313654","dividend","type-dividend","status-publish","hentry"],"acf":[],"current_lang":"en-mena","_links":{"self":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/dividend\/313654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/dividend"}],"about":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/types\/dividend"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/users\/8"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/dividend\/313654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media?parent=313654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}