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 18 Nov 19 Nov 20 Nov 21 Nov 24 Nov Dividend Payout Time
(GMT+0)
FRA40         3.58900 21:55
US30     5.59400 4.48700   21:55
NAS100 0.43300   4.51200 0.32800   21:55
SPX500 0.12500 0.10700 0.94900 0.33500 0.04400 21:55
ChinaA50           20:30
HK50   5.77400   2.56000   18:45
AUS200   0.39600 0.05100 0.56500   21:55
SPAIN35           18:55
UK100     7.24100 0.08000   21:00
EURO50         2.09900 21:55
JAPAN225           21:55
FRA40min         3.58900 21:55
US30min     5.59400 4.48700   21:55
NAS100min 0.43300   4.51200 0.32800   21:55
SPX500min 0.12500 0.10700 0.94900 0.33500 0.04400 21:55
ChinaA50min           20:30
HK50min   5.77400   2.56000   18:45
US30e     5.59400 4.48700   21:55
NAS100e 0.43300   4.51200 0.32800   21:55
SPX500e 0.12500 0.10700 0.94900 0.33500 0.04400 21:55
JAPAN225e           21:55

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 18 Nov 19 Nov 20 Nov 21 Nov 24 Nov Dividend Payout Time   (GMT+0)
CVX 1.71         21:00
PRU 1.35         21:00
PYPL   0.14       21:00
MSFT     0.91     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 (18th Nov – 24th Nov 2025):

Symbol Earnings Announcement Date Leverage Amendment Time (GMT+0) Amended Leverage Resumed Leverage Time (GMT+0) Resumed Leverage  
BIDU 18/11/2025 16/11/2025 21:00 1:5 19/11/2025 21:00 1:10
NVDA 19/11/2025 17/11/2025 21:00 1:5 20/11/2025 21:00 1:10
NIO 19/11/2025 17/11/2025 21:00 1:5 20/11/2025 21:00 1:10
WMT 20/11/2025 18/11/2025 21:00 1:5 21/11/2025 21:00 1:10
ZM 24/11/2025 22/11/2025 21:00 1:5 25/11/2025 21:00 1:10

ZFX Team