** Min. level for placing pending orders at a current market price.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.The margin is always 50% when you hedge positions on CFDs and if your margin level is over 100%.Please note that our Company does not offer automatic rollover for new contracts of financial instruments that have an expiration date.
CFDs on Cash Indices are subject to dividend adjustments.When an index constituent pays dividends to its shareholders it is essentially reducing the value of the company by the amount of the dividend.This is reflected on the ex-dividend date as a decrease of the company share price, as well as in a decrease in the value of the index in proportion to the weight of the stock within the index.To ensure no impact on positions, dividend adjustments will be made to the accounts of clients holding a position on the index at 00:00 (GMT+2 time zone, please note DST may apply) on the ex-dividend date.The dividend adjustment is made before the market open on the ex-dividend date (market hours can be found above).CFDs on Germany40 (GER40Cash) are not subject to dividend adjustments because the dividends paid by its constituent stocks are reinvested in the index itself. Thus, no downward adjustment occurs due to a constituent paying a dividendCFDs on Future Indices are also not subject to dividend adjustments.
Buy trades will receive an amount calculated as follows:
Dividend adjustment = Index Dividend declared x position size in Lots
Sell trades will be charged an amount calculated as follows:
Dividend adjustment = Index Dividend declared x position size in Lots