At GTCFX, we're a global team with a presence in over 22 destinations worldwide.
Dividend payment received when holding a long position:
Dividend Payment = Component Dividend (per index contract) × Contract Size × Volume × Currency Multiplier × Account Currency Multiplier
Dividend charge deducted when holding a short position:
Dividend Charge = Component Dividend (per index contract) × Contract Size × Volume × Currency Multiplier × Account Currency Multiplier
We’ve prepared a quick guide, which explains the calendar. Basically, it tells you when corporate events hit, how we adjust margin, and why it maers to your account.
Providers often flag index and margin each earnings or dividend cycle to reduce risk through exposure. That’s why we list these dates on the calendar. The flagged instrument shows the products where the event will impact volatility.
Keep your risk in line! View margin tiers in levels. This ensures stronger logic is applied to the scale of your positions.
Let’s look at a simplified example, based on Apple’s latest:
• Instrument: AAPL
• Share price: $182.40
• Expected EPS: $2.84
• Reported EPS: $2.90
If the figure is higher in another currency, go short and convert. If it’s less than that — then supply the return risk.
Let’s take a look at an example of a dividend adjustment that’s based on the CHN50:
• Instrument: CHN50
• Dividend size: 1.50
• You’re long 1 lot – so 50 lots x 0.5 lots = 200 lots
• 1.50 × 50 = $75
• PnL Credit: $75.00
When an instrument goes ex-dividend, you can balance it against liquidity gaps:
• If you're long (and open on ex-date) – the dividend is credited to your ledger.
• If not or sold (closed) pre-ex-date – the dividend is deducted from your ledger.
During these high-margin periods, the new requirements might trigger “free margin” shortages. Ensure enough capital or margin is maintained on your positions through logic calls or proactive trading setups.
Spreads/dates are shown as estimates. At times, one calendar event can trigger multiple products in the same index. Stay one call ahead and protect margin to be outpaced of your margin. Trade smart and stay protected.
Stay one call ahead and protect margin to be outpaced of your margin. Trade smart and stay protected.
