Swap Point(Dividend) changes for MasterCard, American Express, CISC, Iberdrola on HotForex MT4
Master Card, Iberdrola, American Express, CISCO : Ex-Dividend Announcement.
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Please note that there has been changes of Swap Points(Dividend) for several Stocks.
The change has been made on July 4th, and the affected Stock CFDs are as follows.
- Master Card
- Iberdrola
- American Express
- CISCO
Swap points has been adjusted as follows.
| Stocks(Shares) | Long Swap(Buy) | Short Swap(Sell) |
|---|---|---|
| Master Card | 15.3 | -28.5 |
| Iberdrola | 10.15 | -18.85 |
| American Express | 22.4 | -41.6 |
| CISCO | 20.3 | -37.7 |
The above companies will trade EX-Dividend on the 5th July 2017.
When Swap(Dividend) will be charged/credited?
Swap Points(Dividend) for Stocks will be charged if you have short positions(sell positions) and vice versa.
Swap Points will be calculated and occur on your open positions at 00:00 in trading server time, GMT+3(summer time), but not precisely.
The amounts to be charged/credited is different depending on the trading volume and the current swap points.
