Futures contracts dont react like underlying with ex and record date.
Futures (mkt participants) can discount the rate even before dividend is declared in anticipation so in this case all the discounting would've already been priced in.
''it wont matter"- if u see all forward contracts up to March, they're all at 20pt premium intervals.
surprise/unexpected dividend declaration usually jerks FUT pricing.
Futures (mkt participants) can discount the rate even before dividend is declared in anticipation so in this case all the discounting would've already been priced in.
''it wont matter"- if u see all forward contracts up to March, they're all at 20pt premium intervals.
surprise/unexpected dividend declaration usually jerks FUT pricing.