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Trade Forex, Individual Stocks, Commodities, Precious Metals, Energies, Equity and Thematic Indices at XM.

Stocks - Spreads / Conditions

View Key Information Document.

* 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).

CFD stocks 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 CFDs and if your margin level is over 100%.

The margin requirement for CFDs 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 CFDs

CFDs on 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 CFDs on Stocks 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 CFD 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 (including CFDs) 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.

16/09/2024

Date Instrument Dividend Amount
16/09/2024 Altria 1.02
16/09/2024 AIG 0.4
16/09/2024 Facebook 0.5
16/09/2024 HarleyDav 0.1725
16/09/2024 Merck&Co 0.77
16/09/2024 WesternUni 0.235
16/09/2024 UnitedHealth 2.1
16/09/2024 ICE 0.45
16/09/2024 DTE 1.02
16/09/2024 Prologis 0.96
16/09/2024 BIC 1.42
16/09/2024 Hess 0.5
16/09/2024 IronMountain 0.715
16/09/2024 KBR 0.15
16/09/2024 AresManagement 0.93
16/09/2024 ExtraSpace 1.62
16/09/2024 ViacomCBS 0.05
16/09/2024 AMETEK 0.28
16/09/2024 EastmanChemical 0.81
16/09/2024 EverestRe 2
16/09/2024 PackagingCorpofAmerica 1.25
16/09/2024 HCA 0.66
16/09/2024 PembinaPipeline 0.508063

17/09/2024

Date Instrument Dividend Amount
17/09/2024 Huntington 0.155
17/09/2024 PulteGroup 0.2
17/09/2024 Amphenol 0.165
17/09/2024 CincinnatiFinancial 0.81
17/09/2024 LamResearch 2.3
17/09/2024 Ecolab 0.57

18/09/2024

Date Instrument Dividend Amount
18/09/2024 Salesforce 0.4
18/09/2024 VICI 0.4325

19/09/2024

Date Instrument Dividend Amount
19/09/2024 Richemont 2.75
19/09/2024 Broadcom 0.53
19/09/2024 CrestNicholson 0.01
19/09/2024 Drax 0.104
19/09/2024 Essentra 0.0125
19/09/2024 BestBuy 0.94
19/09/2024 HPEnterprise 0.13

20/09/2024

Date Instrument Dividend Amount
20/09/2024 Tieto 0.735
20/09/2024 Omnicom 0.7
20/09/2024 DicksSporting 1.1
20/09/2024 Allegion 0.48
20/09/2024 InternationalFlavors 0.4
20/09/2024 RestaurantBrands 0.58
20/09/2024 RoyalCaribbeanCruises 0.4

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