Reminded that FTSE is ex-dividend today as the broker "extracted" about 80 quid from my account this morning as an "adjustment" after holding overnight short positions (£9.70 per £ short)
Premise is that the markets drop in your favour Ex-dividend, had you been long you would have made £80 etc
Part of the learning process but still seems a bit steep considering markets were falling anyway and you pay finance charge on top - anyone experience anything similar?
Premise is that the markets drop in your favour Ex-dividend, had you been long you would have made £80 etc
Part of the learning process but still seems a bit steep considering markets were falling anyway and you pay finance charge on top - anyone experience anything similar?