Lately I have been shorting index CFD's.
Which means I have also being paying dividends.
Now for share CFD's it is easy to find out how much the dividend will be and when it will go ex. However when you trade an index CFD, is there anyway of knowing how much dividends will be paid on a certain day? And actually working out the point value of the index?
At the moment Im relying on my broker and trusting that they are taking out the right amount. How do I know they are not cheating me?
I wish there was a handy tool/data store which says on this particular day, if you are short on this index, then at this time we will deduct 1.8234 pips for dividend payment.
Does anyone know where I can access this info?