Dividend adjustment a day early?

[cate]

Hi @MongIG,

or anyone else who knows! There was a tiny dividend adjustment on my FTSE position yesterday, a day earlier than usual. Is that it for this week or will there be the normal adjustment this afternoon as well? I also had 4x funding costs on my EUR/MXN short overnight which I would have expected a day later as well.

It's not that either of these is a problem, I'm just wondering what it means about the rest of the week. It's the sort of thing I'd expect with a bank holiday but there hasn't been one. 

Thanks very much,

Cate

 

[AndaIG]

Hi @cate

Thanks for reaching out, 

Regarding the FTSE div adjustment, looks like one of the stocks which were supposed to be part of the dividends today indicated yesterday as ex dividend date. So we adjusted for it. They've since amended it to today as ex div so we will remove yesterday's adjustment from today's so will be net correct. 

Regarding EUR/MXN, it is a holiday in Mexico on the 16th September (Mexico Independence Day). 

All the best, 

Anda

[cate]

1 hour ago, cate said:

Hi @MongiIG,

or anyone else who knows! There was a tiny dividend adjustment on my FTSE position yesterday, a day earlier than usual. Is that it for this week or will there be the normal adjustment this afternoon as well? I also had 4x funding costs on my EUR/MXN short overnight which I would have expected a day later as well.

It's not that either of these is a problem, I'm just wondering what it means about the rest of the week. It's the sort of thing I'd expect with a bank holiday but there hasn't been one. 

Thanks very much,

Cate

 

Sorry! Just realised I had a typo in @MongiIG

[cate]

5 hours ago, AndaIG said:

Hi @cate

Thanks for reaching out, 

Regarding the FTSE div adjustment, looks like one of the stocks which were supposed to be part of the dividends today indicated yesterday as ex dividend date. So we adjusted for it. They've since amended it to today as ex div so we will remove yesterday's adjustment from today's so will be net correct. 

Regarding EUR/MXN, it is a holiday in Mexico on the 16th September (Mexico Independence Day). 

All the best, 

Anda

Thanks so much, @AndaIGThat's really helpful!

Best wishes,

Cate