Indices Spot Contract Specifications
|#||Symbol||Full name||Contract size||Tick size||Margin, %||Swap Long
|1||DAXEUR / FDAX||Germany 30||10||0.01||2||-179||-234||11:05 PM||00:00 - 21:15||21:30 - 22:00||23:02 - 00:00||0.875||1:50|
|2||F40EUR / CAC||France CAC40||10||0.01||2||-80||-104||-||07:02 - 21:00||0.8715278||1:50|
|3||FTSGBP / FTSE||UK FTSE100||10||0.01||2||-106||-106||11:05 PM||00:00 - 21:15||21:30 - 22:00||23:02 - 00:00||0.875||1:50|
|4||SMICHF||Switzerland Blue Chip||10||0.01||2||-56||-107||-||07:02 - 20:55||0.8715278||1:50|
|5||ESXEUR||EURO Stocks 50||10||0.01||2||-51||-66||-||07:02 - 21:00||0.8715278||1:50|
|6||IBXEUR||IBEX 35 Index - Spain 35 Cash||10||0.01||2||-137||-179||-||08:02 - 18:55||0.7881944||1:50|
|7||DJIUSD||Dow Jones Industrial Average 30 Index||10||0.01||2||-483||-452||11:00 PM||00:00 - 21:15,||21:30 - 22:00||23:00 - 23:59||0.9166667||1:50|
|8||SPXUSD||S&P 500 Index||10||0.01||2||-64||-60||11:00 PM||00:00 - 21:15,||21:30 - 22:00||23:00 - 23:59||0.9166667||1:50|
|9||NDXUSD||Nasdaq 100 index||10||0.01||2||-221||-207||11:00 PM||00:00 - 21:15,||21:30 - 22:00||23:00 - 23:59||0.9166667||1:50|
|10||NIKJPY||Nikkei 225 Index||100||1||2||-5||-5||11:00 PM||00:00 - 22:00||23:00 - 23:59||0.9166667||1:50|
|11||HSIHKD||Hong Kong 50 Index||10||0.1||2||-45||-41||-||01:15 - 04:00||05:00 - 08:30||09:15 - 17:00||-||1:50|
|12||ASXAUD||Australia 200 Index||10||0.1||2||-11||-12||10:50 PM||00:00 - 05:30||06:10-20:00||22:50 - 23:59||0.8333333||1:50|
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Calculating Indices Margin Requirements – Example
Account base currency: USD
Position: Open 5 lots BUY EU50.F at 3,451.95
1 Lot size: 1 contract
Margin requirement: 2% of Notional value
5 * 1 * 3,451.95 = 17,260 EUR
17,260 * 1.20887 (EURUSD rate) = 20,865 USD
Margin required is: 20,865 USD * 0.02 = 417.30 USD
What are Indices and Indices Trading?
An index is most regularly defined as a portfolio of stocks that represents a particular market or market sector. Thus indices (also known as stock indexes) measure the price performance of a group of stocks of a specific section of stock market. The USA500, for example, is based on the 500 largest companies weighted mainly by market capitalization that are listed on the New York Exchange or NASDAQ.
Trading indices enables you to get exposure to an entire sector by opening a single position.
Indices price movements and volatility are impacted by a range of factors like political events, major events that affect companies in a particular sector, economic data like employment figures and big changes in the currencies markets.
At Met Tech Global Ltd, we offer you the opportunity to trade derivatives on major indices across global equity markets. Open a live account today to benefit from competitive spreads and fast order execution and choose to have greater automated trading with our award-winning trading platforms MT5.