Jump to content
  • 0
Sign in to follow this  

adjustment fees

Question

hello can anyone explain adjustments fees  for indices , all i know is that after 16:30 GMT long your credited or short  debited . Ive only just realised this during last few weeks ,

Share this post


Link to post

6 answers to this question

Recommended Posts

  • 0
11 hours ago, greenscorpio1000 said:

hello can anyone explain adjustments fees  for indices , all i know is that after 16:30 GMT long your credited or short  debited . Ive only just realised this during last few weeks ,

Hi @greenscorpio1000,  are you meaning overnight funding fees? They are usually a credit for short and debit for long but can be inverted depending on the components that make up the daily calc. See more here;

https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/why-is-overnight-funding-charged-and-how-is-it-calculated-

Share this post


Link to post
  • 0

no i understand over night fees materialise after holding a position after 10 pm GMT ,i highlighting indices after 4.30.

ie 

overnight fee s

STATES

interest rate 

after 4.30 

adjustment rate

thanks

Share this post


Link to post
  • 0
Guest Dividend

You talking about dividend adjustments on European indices? 

Share this post


Link to post
  • 0

yes i believe @greenscorpio1000 is refering to the dividend adjustments.

If you are looking at say the AUS200 index, and 1 or more of those listed companies in the index post a dividend, then  that shares tends to drop on the day of paying the dividend (not always but often), and so IG make an adjustment because if u had a sell position and the index drops u make extra profit from it so to make it even theres an adjustment as those that had a buy position just lost more due to the dividend drop in the price.

Share this post


Link to post
  • 0
On 22/06/2019 at 08:14, Guest Dividend said:

You talking about dividend adjustments on European indices? 

yes , i thought on the adjustment fee on european indices ,long your credited short your debited ,which is like the opposite to overnight fees in general

Share this post


Link to post
  • 0
16 hours ago, greenscorpio1000 said:

yes , i thought on the adjustment fee on european indices ,long your credited short your debited ,which is like the opposite to overnight fees in general

This page and video should be of help. Notably this isn't a cost, but a cash neutral adjustment.

 

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×