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	9 July	10 July	11 July	12 July	15 July	Dividend Payout Time (GMT+1)
FRA40						21:55
US30	2.62784	4.36878				21:55
NAS100		0.33280		0.06870		21:55
SPX500	0.12626	0.67604	0.20908	0.00622	0.57173	21:55
ChinaA50	17.97443	31.32829	1.79152	3.19256	41.68245	18:55
HK50				0.94311	3.38201	19:45
AUS200						21:55
SPAIN35	1.84975					18:55
UK100			0.20184			21:55
EURO50						21:55
JAPAN225						21:55
FRA40min						21:55
US30min	2.62784	4.36878				21:55
NAS100min		0.33280		0.06870		21:55
SPX500min	0.12626	0.67604	0.20908	0.00622	0.57173	21:55
ChinaA50min	17.97443	31.32829	1.79152	3.19256	41.68245	18:55
HK50min				0.94311	3.38201	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	9 July	10 July	11 July	12 July	15 July	Dividend Payout Time  (GMT +1)
MA	0.66					21:00
CRM	0.4					21:00
VZ		0.665				21:00
T		0.2775				21:00
ORCL			0.4			21:00
MRVL				0.06		21:00
FCX					0.075	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 (9th July – 15th July 2024): 

Symbol	Earnings Announcement Date	Leverage Amendment Time(GMT+1)	Amended Leverage	Resumed Leverage Time(GMT+1)	Resumed Leverage
PEP	11/07/2024	09/07/2024 21:00	1:5	12/07/2024 21:00	1:10
JPM	12/07/2024	10/07/2024 21:00	1:5	13/07/2024 21:00	1:10
WFC	12/07/2024	10/07/2024 21:00	1:5	13/07/2024 21:00	1:10
C	12/07/2024	10/07/2024 21:00	1:5	13/07/2024 21:00	1:10
GS	15/07/2024	13/07/2024 21:00	1:5	16/07/2024 21:00	1:10