Yes, stock indices based on spot prices are adjusted for dividends. This is because these indices are composed of shares from multiple companies, many of which distribute dividends to their shareholders.
Since spot indices do not have an expiration date, they continuously reflect changes in the prices of the underlying assets. To ensure fairness and consistency with futures-based indices (where dividends are already priced in), companies’ dividend payments are also included in spot indices.
Dividend adjustments will be applied as swap adjustments to the client’s trading account, depending on the direction of the position (buy or sell). Information about upcoming dividends will be provided in the weekly news updates regarding changes to the trading schedule.