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Financial Products

How soon are share dividends (either as cash or as extra shares) credited to my account?

Dividends, when distributed as cash, will be credited to your account on the date they are paid out. Conversely, if you take ex...

 

Which types of FX Options does Cornèrtrader offer?

With Cornèrtrader you can trade European FX VANILLA type of OTC options. You can trade FX OTC options from the Trade ticket in...

 

Do Futures CFDs expire and when?

Some do. Futures CFDs expire when the underlying instruments expire. CFD indices do not expire. The expiry date and time for a...

 

Is bond trading possible with Cornèrtrader?

Yes, Cornèrtrader has access to the global bond markets. Its clients can trade directly online in the platform and also offline...

 

When are the dividends on a CFD position credited to my account?

Dividends on CFD positions are booked into your account on the shares’ ex-dividend date (“Ex-date”) with value on the dividend ...

 

How is CFD financing calculated and when is it charged?

Given that CFDs are margin products clients that hold long positions are effectively borrowing funds. When positions are held o...

 

Does Cornèrtrader provide live prices on stocks?

With Cornèrtrader, equity trading is always based on current market data from stock exchanges. A subscription must be taken out...

 

What must I do to obtain live quotes for Stock Options?

You must subscribe for the quotes to the relevant exchange.  To have access to real time prices both for the options and ...

 

How can I short a stock?

With Cornèrtrader CFDs can be used to go short on single stocks. Cash stocks themselves cannot be shorted, but you can take a ...

 

If I elect to participate in voluntary corporate actions, how do I do that?

The trading platform has the facilities for you to participate in voluntary corporate actions.   By choosing Account > ...

 

Why are some index CFD prices quoted to one decimal place, not two?

Unless the traded value of the index exceeds 10,000 units it is normal practice for index tracker CFD prices to be quoted to tw...

 

What are Forex Rollovers?

Normally the time of settlement for FX spot positions is expressed as T+2. So, if a trade is transacted on a certain day before...

 

Tom/Next Rollover

With any FX position that is held overnight debit or credit interest rates are reassessed to take account of the position being...

 

What is the CFD exposure limit?

CFD exposure limits are applied to individual client’s CFD positions. It imposes a restriction on the size of their positions. ...

 

What products can I trade with a Cornèrtrader account?

A broad range of financial products, used worldwide, can be traded with a Cornèrtrader account. To see the full products over...

 

What are CFDs?

CFDs (Contracts for Difference) are derivative instruments. They are used in trading. The movements in CFD prices replicate tho...

 

How can I familiarise myself with the specifications of a Futures contract?

The Cornèrtrader platform displays futures trading conditions under Account > Trading Conditions > Futures Contracts Trad...

 

Which month, in relation to the underlying futures contracts, determines an Index CFD?

Continuous Index CFDs track the price of the underlying front month futures contract.

 

What can I do to check the specifications of a particular Contract Option?

In the Cornèrtrader platform you look under Account > Trading Conditions > Contract Options Settlement Conditions. 

 

What is the procedure when a futures contract expires?

Cornèrtrader does not provide for the physical delivery of the underlying asset when the Futures Contract expires. Instead, you...

 

How is Conversion P/L calculated?

When cash in a CHF-denominated account is debited after a purchase of a USD-denominated stock, changes in the USD/CHF exchange ...

 

What can I do if my position is delisted?

A stock ceases trading when delisted. Delisting may be the choice of the company: it may wish to go private. It may be obligato...

 

Is Pre-market Trading possible with Cornèrtrader?

Pre-market trading is offered directly through myCornèr app. Please notice: Pre-market orders are eligible for execution duri...

 

What does NOCT mean?

"NOCT" stands for No Online Client Trading. This acronym is used to flag instruments provisionally withdrawn from the trading p...

 

I want to short sell Contract Options, what do I do?

You need an advanced option profile if you want to write/sell Contract Options. Before activating such a profile we ask you for...

 

What types of CFD have an expiry date?

CFDs on shares, on ETFs, and on indices have no expiry. If you decide to relinquish the position all you need to do is to sell ...

 

Are single-stock CFDs subject to borrowing costs and how can I obtain details?

Borrowing costs may be charged on short CFD positions held overnight. These costs are not to be confused with the standard CFD ...

 

Where can I see the costs of executing a stock deal?

To obtain details of the costs of executing equity trades – commission, transaction taxes, etc. – follow the steps below. Repor...