As a CFD holder, you will be affected by the dividend payments even if you do not hold the stock. The relative amount which will be applied is an adjustment to accounts holding a CFD position under the condition that the position held constitutes the underlying share that had a dividend payment (i.e.: an index holding the stock paying the dividend). It is important for traders to know that in the case of a long position on an index, the dividend adjustment is credited to the account. However, if a short position is opened, the dividend adjustment is debited from the account. Traders can neither profit nor lose from these adjustments, because the CFD position drops by the same value of the indicated dividend amount. These adjustments are only applicable to spot contracts.

* OneRoyal is not obliged to pay you any amount unless and until it receives that amount as the owner of the Reference Asset or an equivalent amount under the Hedge Contract acquired in respect of the Synthetic Equity. Furthermore, OneRoyal is not liable to pay to you any amount in excess of the amount (less any Taxes and costs) which OneRoyal itself receives either as the owner of the Reference Asset or pursuant to a Hedge Contract acquired in respect of the Synthetic Equity.