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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.

13/05/2024

Date Instrument Dividend Amount
13/05/2024 Delta 0.1
13/05/2024 Sanofi 3.76
13/05/2024 Cofinimmo 6.2
13/05/2024 KBC 3.15
13/05/2024 Lonza 4
13/05/2024 Swatch 6.5
13/05/2024 Invesco 0.205
13/05/2024 AmericanWaterWorks 0.765
13/05/2024 Wisconsin 0.835
13/05/2024 JeronimoMartins 0.655
13/05/2024 Westrock 0.3025
13/05/2024 Holcim 2.8

14/05/2024

Date Instrument Dividend Amount
14/05/2024 ExxonMobil 0.95
14/05/2024 Target 1.1
14/05/2024 Kroger 0.29
14/05/2024 Mota-Engil 0.1277
14/05/2024 Sonae 0.05639
14/05/2024 Cintas 1.35
14/05/2024 PACCAR 0.3
14/05/2024 CFIndustries 0.5
14/05/2024 CMS 0.515
14/05/2024 ConsolidatedEdison 0.83
14/05/2024 Eurazeo 2.42
14/05/2024 JabilCircuit 0.08
14/05/2024 KLA 1.45
14/05/2024 Church&Dwight 0.28375
14/05/2024 Teleflex 0.34
14/05/2024 MarathonOil 0.11
14/05/2024 UnibailRodamco 2.5
14/05/2024 Diamondback 1.97
14/05/2024 Enbridge 0.669756

15/05/2024

Date Instrument Dividend Amount
15/05/2024 Microsoft 0.75
15/05/2024 DTBoerse 3.8
15/05/2024 Rexel 1.2
15/05/2024 Bpost 0.13
15/05/2024 EliLilly 1.3
15/05/2024 Rheinmetall 5.7
15/05/2024 ASM 2.75
15/05/2024 CenterPoint 0.2
15/05/2024 Cognex 0.075
15/05/2024 Equinor 7.579558
15/05/2024 HugoBoss 1.35
15/05/2024 K&S 0.7
15/05/2024 LKQ 0.3
15/05/2024 MarathonPetroleum 0.825
15/05/2024 Chesapeake 0.715
15/05/2024 Eversource 0.715
15/05/2024 ArcherDaniels 0.5
15/05/2024 CabotOil&Gas 0.21
15/05/2024 TJX 0.375
15/05/2024 Zions 0.41
15/05/2024 IngersollRand 0.02
15/05/2024 ThomsonReuters 0.54

16/05/2024

Date Instrument Dividend Amount
16/05/2024 Bunzl 0.501
16/05/2024 Chevron 1.63
16/05/2024 Honeywell 1.08
16/05/2024 Moodys 0.85
16/05/2024 Starbucks 0.57
16/05/2024 Visa 0.52
16/05/2024 BP 0.058007
16/05/2024 GSK 0.15
16/05/2024 Tesco 0.0825
16/05/2024 Unilever 0.3674
16/05/2024 BMW 6
16/05/2024 SAP 2.2
16/05/2024 ArcelorMittal 0.232044
16/05/2024 Kingfisher 0.086
16/05/2024 Amgen 2.25
16/05/2024 Tele2 3.45
16/05/2024 DNO 0.25
16/05/2024 Duke 1.025
16/05/2024 Emerson 0.525
16/05/2024 Hilton 0.15
16/05/2024 Hershey 1.37
16/05/2024 Whirlpool 1.75
16/05/2024 Msci 1.6
16/05/2024 Pagegroup 0.1124
16/05/2024 Spectris 0.539
16/05/2024 Symrise 1.1
16/05/2024 Aixtron 0.4
16/05/2024 BalfourBeatty 0.08
16/05/2024 BilfingerBerger 1.8
16/05/2024 Essentra 0.024
16/05/2024 Jungheinrich 0.75
16/05/2024 Mowi 1.5
16/05/2024 RoyaltyPharma 0.21
16/05/2024 CenovusEnergy 0.098816
16/05/2024 HelmerichAndPayne 0.42
16/05/2024 IDEX 0.69
16/05/2024 Otis 0.39
16/05/2024 JMSmucker 1.06
16/05/2024 TGSNOPEC 1.52
16/05/2024 RaytheonTech 0.63
16/05/2024 MagnaInternational 0.475
16/05/2024 SherwinWilliams 0.715

17/05/2024

Date Instrument Dividend Amount
17/05/2024 Adidas 0.7
17/05/2024 DeutschBank 0.45
17/05/2024 E.ON 0.53
17/05/2024 SwissLife 33
17/05/2024 Arkema 3.5
17/05/2024 Southern 0.72
17/05/2024 Heidelbergcement 3
17/05/2024 Cognizant 0.3
17/05/2024 MurphyOil 0.3
17/05/2024 Norma 0.45
17/05/2024 Phillips66 1.15
17/05/2024 Dufry 0.7
17/05/2024 Jefferies 0.3
17/05/2024 Snap-On 1.86
17/05/2024 WynnResorts 0.25
17/05/2024 FreseniusMedical 1.19
17/05/2024 MerlinProperties 0.240024
17/05/2024 Evergy 0.6425
17/05/2024 Gerdau 0.055006

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