Does anyone knows how exactly CFD Indices work?
Broker A is telling me they will be having a dividend adjustment for their CFD Indices products.
For example, Taiwan Index CFD is currently trading at 400 points and there will be a dividend payout of 5 points in a few days.
Upon dividend payout, Taiwan Index CFD in Broker A will be adjusted to 395 points.
Whereas this doesn't apply to Broker B as Broker B says that they don't pay dividend for their CFD Indices products nor any dividend adjustment.
Wouldn't there be a tear in price when both brokers are selling the same product at a different price?
Broker A is telling me they will be having a dividend adjustment for their CFD Indices products.
For example, Taiwan Index CFD is currently trading at 400 points and there will be a dividend payout of 5 points in a few days.
Upon dividend payout, Taiwan Index CFD in Broker A will be adjusted to 395 points.
Whereas this doesn't apply to Broker B as Broker B says that they don't pay dividend for their CFD Indices products nor any dividend adjustment.
Wouldn't there be a tear in price when both brokers are selling the same product at a different price?