Swap Point(Dividend) changes for MasterCard, American Express, CISC, Iberdrola on HotForex MT4

July 6, 2017

Master Card, Iberdrola, American Express, CISCO : Ex-Dividend Announcement.

Swap Point(Dividend) changes for MasterCard, American Express, CISC, Iberdrola on HotForex MT4

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.

  1. Master Card
  2. Iberdrola
  3. American Express
  4. 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.

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