Jump to content
  • 0

Adjustment for dividend


indianajonesiii

Question

Hey guys. Just wandering how IG calculates for adjustment for dividends. I understand it is to combat against people shorting at ex-dividends when prices go down. But, i shorted a share a day before ex-dividend day and the bank statements said that the adjustment for dividend was at 9:55, the next day on ex-dividends, which is 5 minutes before the markets open. Is this a estimate from previous ex-dividend days or by the dividend amount?

Thanks IG community 

Link to comment

0 answers to this question

Recommended Posts

There have been no answers to this question yet

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...