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Online Share Trading

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divident question

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TheoPrinsloo
Contributor
Do you receive a divident when holding SSF? If so, how does it work? If you hold 1 contract, do you receive the same divident as holding 100 shares? Thanks.
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6 REPLIES 6
john_1
Super Contributor
no its already in the price if you want div's only shares or instalments
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TheoPrinsloo
Contributor
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Brazen
Super Contributor
Ya, john's correct. But they do adjust the contracts to reflect dividends.
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swordfish
Frequent Contributor
a nother question john. if you put in a ssf trade (say 5 ssf contracs) and only you only get 78 shares at the price you put it in for (not getting even a full contract). will my trade my ssf trade?
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john_1
Super Contributor
I dont trade ssf, but I suspect no... 1 ssf = 100 shares.. prehaps sombody else can confirm this.
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Brazen
Super Contributor
Ya, its gotta be a full match of 100. I've seen my bids get filled for 93 shares and then the price has gapped up and I've got nothing. You can leave your bid in for the day and hope the last bit gets filled in during closing auction. Or else cancel your bid and buy at the higher price.
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