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10 Asset Classes - 10 Trading Platforms - Over 1000 Instruments.
Trade Forex, Cryptocurrencies, Individual Stocks, Commodities, Precious Metals, Energies, Equity and Thematic Indices at XM.

Stock Derivatives - Spreads / Conditions

* Swap rates are calculated according to the stock currency’s relevant interbank rate. In the table above the swap values are indicative of the annual percentage. Long positions are charged with the relevant interbank rate plus a mark-up, and short positions receive the rate minus a mark-up. The operation is conducted at 00:00 GMT+2 time zone (note that DST may apply), and can take several minutes. For positions held open at the close of trading on Friday, swap is charged for 3 days.

** Min. level for placing pending orders at a current market price.

Every third Friday of the month, the trading hours of Greek stocks will have a break between 13:44 and 14:01 GMT+2 time zone (note that DST may apply).

Stocks derivatives are not physical shares and are not subject to any voting rights.

When a corporate action occurs, a price adjustment may be applied to eliminate the impact on clients' trading accounts.

Margin requirements may be subject to change before earnings announcements and/or any corporate action.

The margin is always 50% when you hedge positions on derivatives and if your margin level is over 100%.

The margin requirement is calculated like this: Lots * Contract Size * Opening Price * Margin Percentage and not based on the leverage of your trading account.

Calendar dates are indicative and are subject to change.

Dividends Adjustments on Stocks Derivatives

Stocks are subject to dividend adjustments.

When a company pays dividends to its shareholders, it is essentially reducing the value of the company by the amount of the dividend.

This is reflected by a reduction of the share price at the market open on the ex-dividend date (the day that the company stock starts trading without the value of the dividend).

Holders of Stocks derivatives do not own the underlying stock. However, they are impacted by reductions of share prices.

Therefore, to ensure no impact on positions, a dividend adjustment is made before the market open on the trading accounts of clients who hold positions on Stocks.

The trading hours for each stock can be found in the table above.

Buy trades will receive an amount calculated as follows:

Dividend Adjustment = stock dividend declared x position size in shares

Sell trades will be charged an amount calculated as follows:

Dividend Adjustment = stock dividend declared x position size in shares

Due to new tax regulations under U.S. section 871 (m), non-US residents, holders of long positions on US equity derivatives are taxed on dividend adjustments in the same way as non-US holders of the real US dividends. Particularly, in every dividend paid for an in-scope position, we calculate the dividend adjustment and deduct the 30% withholding rate (or less when a relevant treaty rate was applied to the account). Clients which are affected must fill in a W-8BEN form to be able to continue or start trading on the in-scope instruments.

For more information, please visit the IRS website

Corporate Events

In the table below you can view all the symbols of instruments that are expected to have corporate actions this week. All figures shown below represent the expectations of our liquidity providers and are thus subject to change.

09/09/2024

Date Instrument Dividend Amount
09/09/2024 Blackrock 5.1
09/09/2024 Fedex 1.38
09/09/2024 Google 0.2
09/09/2024 BW 6.172963
09/09/2024 CME 1.15
09/09/2024 BerkeleyGroup 1.74
09/09/2024 PublicService 0.6
09/09/2024 BectonDickinson 0.95
09/09/2024 RogersCommunications 0.369525
09/09/2024 SimonProperty 2.05

10/09/2024

Date Instrument Dividend Amount
10/09/2024 Wartsila 0.16
10/09/2024 Anthem 1.63
10/09/2024 Occidental 0.22
10/09/2024 VF 0.09
10/09/2024 PPL 0.2575
10/09/2024 Sacyr 0.079
10/09/2024 RossStores 0.3675
10/09/2024 TravelersCompanies 1.05
10/09/2024 Fidelity 0.36
10/09/2024 Telus 0.287564

11/09/2024

Date Instrument Dividend Amount
11/09/2024 HP 0.2756
11/09/2024 NewsCorp 0.1
11/09/2024 Ameren 0.67
11/09/2024 Kohls 0.5
11/09/2024 GoldenOcean 3.192912

12/09/2024

Date Instrument Dividend Amount
12/09/2024 Nvidia 0.01
12/09/2024 Intertek 0.539
12/09/2024 NXP 1.014
12/09/2024 Broadridge 0.88
12/09/2024 BHPGroup 0.794897
12/09/2024 DirectLine 0.02
12/09/2024 Taiwan-Semiconductor 0.625999
12/09/2024 Franco-Nevada 0.36

13/09/2024

Date Instrument Dividend Amount
13/09/2024 Chubb 0.91
13/09/2024 Coca-Cola 0.485
13/09/2024 Motorola 0.98
13/09/2024 Gilead 0.77
13/09/2024 Macys 0.1737
13/09/2024 Verisk 0.39
13/09/2024 Williams 0.475
13/09/2024 Devon 0.22
13/09/2024 Comerica 0.71
13/09/2024 Nasdaq 0.24
13/09/2024 Range 0.08
13/09/2024 SealedAir 0.2
13/09/2024 T-Rowe 1.24
13/09/2024 Albemarle 0.405
13/09/2024 AresCapital 0.48
13/09/2024 Cemex 0.02067
13/09/2024 CrownCastle 1.565
13/09/2024 FirstHorizon 0.15
13/09/2024 GraphicPackaging 0.1
13/09/2024 Huntsman 0.25
13/09/2024 Ovintiv 0.3
13/09/2024 CenovusEnergy 0.133029
13/09/2024 Fortive 0.08
13/09/2024 Leggett&Platt 0.05
13/09/2024 Leidos 0.38
13/09/2024 Textron 0.02
13/09/2024 AutomaticData 1.4
13/09/2024 OilwellVarco 0.075
13/09/2024 PublicStorage 3
13/09/2024 Waste 0.75
13/09/2024 XcelEnergy 0.5475
13/09/2024 CanadianNaturalResources 0.388001
13/09/2024 Garmin 0.75
13/09/2024 GlobalPayments 0.25
13/09/2024 Ryanair 0.962891
13/09/2024 TeckResources 0.461906
13/09/2024 ThermoFisher 0.39
13/09/2024 Digital Realty 1.22

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.