Swap Adjustment - HSBC Stocks will be trading Ex-Dividend on May 18th
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Please note that the Stock of HSBC will be trading Ex-Dividend on May 18th, 2017. Thus there will be adjustment of Swap Charge/Credit on the Stock CFD.
The Swap charges for HSBC share will be adjusted on May 17th, as follows:
| Stock CFD | Long Swap | Short Swap |
|---|---|---|
| HSBC | 2.33 | -4.33 |
As you can see in the table above, the Swap will be credited for long(buy) positions and charged for short(sell) positions.
The swap points above are subject to change at anytime again.
For more information or inquiries, please contact HotForex support team.
