Indices Pricing

Where "xx" refers to the expriy month and year.

First letter is the expiry month:

F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec

Second letter is the year: e.g. Dec-2019 is "Z9"

Please refer to our Futures Expiry Dates page for details on the expiring contracts

Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

*Typical prices are during London and New York sessions.

Here is this week’s Upcoming estimated Dividends commencing

How are dividends dealt with for indices?

Dividends are cash issued payments based on a company’s earnings, for indices a dividend would be produced if a company within the index issued a dividend. The volume and timing are decided by the board of directors. Dividends can also be issued as shares if the underlying share is owned.

Depending if you were long or short it will impact your position different. The change in price for a long position would be disadvantageous due to the fall in price therefore an account credit would be applied. However, the inverse position would mean an account debit to cater for the benefit of the price drop. Therefore, you wouldn’t lose or gain from the dividend.

Let's say you hold a long position of 4,000 Lots of UK100ROLL and there is a dividend of 12p. This would mean £480 would be credited to your account.

12p x 4,000 = £480

Note: If you held a short position going into the ex-dividend date then your account would be debited £480.

WITHHOLDING TAX

Any adjustments made to a long position due to a dividend will be less applicable withholding taxes – a tax deducted from dividends in the underlying market. This levy is based on the underlying; usually around 15%.

* We reserve the right to change any of the information contained herein at any time, in case of error. Equiti shall not be responsible for any loss, either directly or indirectly, arising from any action of any kind taken and that is based on the information contained herein.