[KCM Trade]Upcoming Share and ETF CFD Corporate Actions and Price Adjustments (22 APR)
Dear Clients,
The following table is the information on upcoming dates of ex-dividend or other corporate actions for the underlying stocks of our Share and ETF CFD
Please note that the dividend orpriceadjustment amounts listed are provided for reference by our LiquidityProvideronly. These figures are subject to change.
Clients who hold CFD stocks or ETFsuntilthe ex-dividend date listed above will receive or be charged dividends iftheybuy or sell CFD shares or ETFs respectively. Dividends will not be receivedorcharged if they buy or sell on or after the ex-dividend date.
Clients who hold buy/long CFD sharesorETFs may receive dividends calculated as follows:
Dividend to receive =Dividenddeclared x Number of CFDs in long position
Clients who hold sell/short CFD sharesorETFs may be charged dividends calculated as follows:
Dividend to charge =Dividenddeclared x Number of CFDs in short position
Noted: The dividends will be paidorcharged on the ex-dividend date in your trading account.