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Shares Conditions

The charge for all US shares is $0.04 commission per share, with a minimum of $1 commission per transaction.

The charge for all UK shares is 0.10% commission per transaction, with a minimum of $9 commission per transaction.

The charge for all German shares is 0.10% commission per transaction, with a minimum of $5 commission per transaction.

Every third Friday of the month, the trading hours of UK shares will have a break between 12:10 and 12:16 GMT+2 time zone (note that DST may apply).

Calendar dates are indicative and are subject to change.

Dividends Adjustments on Shares

Shares 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).

If you hold a stock that pays a dividend, then you will be credited the after-tax amount of the dividend on the ex-dividend date.

The applicable tax rates for dividends are as follows:

Germany: 25%

UK: 0% (i.e. no tax is applicable on dividends)

US: 30%

Your long positions will receive an amount calculated as follows:

Dividend Adjustment = stock dividend declared x position size in shares x (1 — the applicable tax rate)

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.

01/04/2024

Date Instrument Dividend Amount
01/04/2024 3MCo_sh 17.35

03/04/2024

Date Instrument Dividend Amount
03/04/2024 Cisco_sh 0.28

04/04/2024

Date Instrument Dividend Amount
04/04/2024 JPMorgan_sh 0.805
04/04/2024 JD_sh 0.532
04/04/2024 AMEX_sh 0.49

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