Benefits of trading stock CFDs with WCG Markets Ltd.
Stock CFD products provided by WCG Markets Ltd..
Product | Product Name | Currency |
---|---|---|
ATT | AT&T Inc CFD | USD |
AXP | American Express CFD | USD |
Abbott | Abbott Laboratories CFD | USD |
Adobe | Adobe Inc CFD | USD |
Alibaba | Alibaba Group Holding Ltd CFD | USD |
Alphabet | Alphabet Inc-C Class CFD | USD |
Amazon | Amazon.com Inc CFD | USD |
Apple | Apple Inc CFD | USD |
BOA | Bank of America Corp CFD | USD |
Bershire | Bershire Hathaway Inc-B CFD | USD |
Blackrock | Blackrock Inc CFD | USD |
Boeing | Boeing Co CFD | USD |
Booking | Booking Holdings Inc CFD | USD |
Broadcom | Broadcom Inc CFD | USD |
CME | CME Group CFD | USD |
Chevron | Chevron Corp CFD | USD |
Cisco | Cisco Systems Inc CFD | USD |
Citigroup | Citigroup Inc CFD | USD |
CocaCola | Coca-Cola Co CFD | USD |
Costco | Costco Wholesale Corp CFD | USD |
Disney | Walt Disney Co CFD | USD |
DuPont | DuPont de Nemours Inc CFD | USD |
EA | Electronic Arts CFD | USD |
Equinix | Equinix Inc CFD | USD |
Exxon | Exxon Mobil Co CFD | USD |
Facebook Inc CFD | USD | |
GE | General Electric Company CFD | USD |
Goldmans | Goldman Sachs Group Inc CFD | USD |
IBM | International Business Machines Corp CFD | USD |
Intel | Intel Corp CFD | USD |
JPMorgan | JP Morgan Chase & Co CFD | USD |
Johnson | Johnson & Johnson CFD | USD |
LMT | Lockheed Martin Corporation CFD | USD |
MS | Morgan Stanley CFD | USD |
Marriott | Marriott Intenational CFD | USD |
MasterCard | MasterCard Inc CFD | USD |
Mcdonald | Mcdonald's Corp CFD | USD |
Merck | Merck & Co Inc CFD | USD |
Microsoft | Microsoft Inc CFD | USD |
NVIDIA | NVIDIA Corp CFD | USD |
Netflix | Netflix Inc CFD | USD |
Nike | Nike Inc CFD | USD |
Oracle | Oracle Corp CFD | USD |
PG | Procter & Gamble Co CFD | USD |
PayPal | PayPal Holdings Inc CFD | USD |
Pepsi | PepsiCo Inc CFD | USD |
Pfizer | Pfizer Inc CFD | USD |
Qualcomm | Qualcomm Inc CFD | USD |
Starbucks | Starbucks Corp CFD | USD |
TXN | Texas Insturments Inc CFD | USD |
Tesla | Tesla Inc CFD | USD |
UBER | UBER CFD | USD |
UNP | Union Pacific Corp CFD | USD |
UPS | United Parcel Services Inc CFD | USD |
Verizon | Verizon Communications Inc CFD | USD |
Visa | Visa Inc CFD | USD |
Walmart | Walmart Inc CFD | USD |
WellsFargo | Wells Fargo & Co CFD | USD |
eBay | eBay Inc CFD | USD |
lyft | Lyft Inc CFD | USD |
USD |
How to trade stock CFDs with WCG Markets Ltd.?
If an individual WCG Markets Ltd. client is trading a single stock CFD, and the relevant company has taken corporate actions – such as issuing cash dividends – WCG Markets Ltd. will adjust the client's account accordingly. The adjustment action is as follows:Customers holding a single stock CFD selling contract on the ex-dividend date: Customers holding a selling contract will receive a negative cash amount equivalent to the dividend payment. (It will be deducted from the client's trading account based on the client's lot size and the dividend payment proportion of the relevant securities).
Customers who hold a single stock CFDs selling contract on the ex-dividend date: Customers holding a selling contract will receive a negative cash amount equivalent to the dividend payment. (It will be deducted from the client's trading account based on the client's lot size and the dividend payment proportion of the relevant securities).
Adjustment formula:
Number of shares held x Dividend per share = amount
(If the customer is a USD account, the cash dividend will be converted into USD at the current exchange rate in the settlement currency)Dividend
For example, suppose "Apple Apple, Inc." (APPL) announced a dividend of $ 0.01 per share to investors (shareholders) when announcing year-end results, and the share price of "Apple Apple, Inc." Affected by about 0.01 US dollars. Therefore, the company will adjust the positions held by customers in "cash" mode. A customer holds 10,000 shares of "Apple, Inc." stock CFD in our company. Until the ex-dividend date, he will receive a cash dividend of10000 shares CFD x USD 0.01 = USD 100 cash dividend
(Remarks: If the customer is holding a short position, the company will be charged 100 USD.)Dividends
For example, suppose Apple Corporation (APPL) announced the payment of a dividend to its shareholders (1 dividend will be issued to each shareholder holding 10,000 existing shares). By the ex-dividend date, Apple ’s stock price will reflect the company ’s behavior and will reduce the price by $ 0.01. WCG Markets Ltd. will make cash adjustments for customers who hold CFDs on Apple stock. If an individual client of WCG Markets Ltd. holds 10,000 shares in a long position, the cash adjustment will be calculated using the following equation: Number of shares * Dividend share ratio * Reference stock price = Adjustment amount For example: declared reference stock price = 180 USD10,000 shares CFD x (1 / 10,000) x 180 = USD 180 cash dividend
(Note: If the client holds a short position of 10,000 shares, WCG Markets Ltd. will deduct $ 180 from the client's account.)Share merger or dissolution
If a company announces a share merger or dissolution, the company's share price will be subject to significant changes. Merger = Stock price will move up and unwind = Stock price will move down. If WCG Markets Ltd. ’s individual client holds an open position (whether it is a buy or sell contract), WCG Markets Ltd. will carry out a contract with Apple ’s stock CFD. Cash adjustment. All adjustments will be made in cash, or WCG Markets Ltd. will implement the same share split / reserve share split. However, the single stock CFD will also be affected by the company's behavior. This may happen when any business changes of the listed company (such as stock split, reserve share split and dividend payment, etc.) may affect the company's financial Status, its stock price performance and shareholders ’interests.Stock dividend
Listed companies will announce their results every six months (some quarterly), and the board of directors will announce whether to distribute dividends to shareholders on that day. If there is a dividend payment, the dividend is usually paid to shareholders in the form of "cash" or by sending "shares".Ex-dividend date
The ex-dividend date (also known as the ex-dividend date) refers to a specific date. If a listed company declares a dividend, the person who holds its shares (ie shareholders) on the day before the ex-dividend date can enjoy the dividend, which is on the ex-dividend date People who bought the company ’s stock later or later cannot enjoy the dividend.