From the above example, let us assume that the ex-dividend date for Index AUS200 is on the of 18th August 2016. Therefore, a client must have an open position for Index AUS200 before the 18th of August 2016 and it must remain open until the 18th August 2016, in order to have the dividend adjustment of €2.44 per lot. To determine if the dividend adjustment is added or deducted to the client’s account, will depend on whether it is a SELL or BUY on AUS200. If the client has 1 lot of BUY for AUS200, the client will be entitled €2.44 per lot. However, if it is a SELL of AUS200, the client will be deducted €2.44 per lot. The amount €2.44 per lot will be converted to the client’s base currency, before it is being deducted.
Since this is from index AUS200, the dividend adjustment will be EUR€2.44 per lot. Alternatively, if the index is US500, the dividend adjustment would be EUR €2.44 per lot. IC Markets’ Ex-Dividends Excel shows the expected indices that will have their points adjusted for the given week.