A relatively noob question. Do all CFD brokers do dividend adjustments? I ask this as there will be a 26.8 point adjustment. next Wednesday If you have shorts they will take that multiplied by the number of positions out of your account. If you have longs the opposite happens. Most of you would be aware of this. I want to know how that is fair?
If you have long positions and the SP goes against you because of the loss caused by the dividend you have a paper loss that. in most cases, will come back in time. With IG it's taken off you in real $ instantly. If there are other brokers that don't do this I'd be very interested in jumping ship.
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