Indices

Equity indices provide an efficient and easy way of acquiring exposure to a geographic group of exchange listed companies.

We offer a large range of global markets with tight spreads, fast execution, low minimum bet sizes and free guaranteed stops***. You can buy (go long) or sell (go short) any of our quoted indices meaning that you can speculate on both rising and falling stock markets. We quote many of our indices 24 hours a day which gives you the opportunity to trade even when the underlying market is closed.


Overview

ProductLast Trading
Day & Time
Settlement
Info
Quotation
Cycle
Min Stake
Long / Short
Base Margin
Requirement
Indicative
Spread
per
Unit
UK
UK 100 Future Third Friday (Or previous business day) of contract month (0940h) Official underlying EDSP (Exchange Delivery Settlement Price) for FTSE 100 future contract Current Month, Next Month and nearest Two Quarter Months 1 2% 3 Points (08:00h-16:30h)* 1
UK 250 Future Third Friday (Or previous business day) of contract month (0940h) Official underlying EDSP (Exchange Delivery Settlement Price) for FTSE 100 future contract Quarterly 1 2% 40 1
United States
Wall Street Future Business day preceding the 3rd Friday (or previous business day) of contract month (2030h) Official Underlying SOQ (Special Opening Quotation) on 3rd Friday (or previous business day) at 1430h Next Month and nearest Two Quarter Months 1 2% 5 Points (07:00h – 21:15h)* 1
US 500 Future Business day preceding the 3rd Friday (or previous business day) of contract month (2030h) Official Underlying SOQ (Special Opening Quotation) on 3rd Friday (or previous business day) at 1430h Nearest Two Quarter Months 1 2.50% 0.75 1
US Tech 100 Future Business day preceding the 3rd Friday (or previous business day) of contract month (2030h) Official Underlying SOQ (Special Opening Quotation) on 3rd Friday (or previous business day) at 1430h Nearest Two Quarter Months 1 2.50% 3 1
Germany
Germany 30 Future Third Friday (Or previous business day) of contract month (1130h) Official underlying settlement for Dax future contract Nearest Two Quarter Months 1 2.50% 3 Points (07:00h-21:00h)* 1
Germany MidCap Future Third Friday (Or previous business day) of contract month (1130h) Official underlying settlement for Dax future contract Quarterly 1 2.50% 16** 1
France
France 40 Future Third Friday (Or previous business day) of contract month (1410h) Official underlying EDSP settlement for CAC 40 future contract Current and Next Month 1 2.50% 3 Points (07:00h-16:30h)* 1
Europe - Other
European Stocks 50 Future Third Friday (Or previous business day) of contract month (1020h) Official underlying settlement for Eurostoxx 50 future contract Quarterly 1 2.50% 4 Points (07:00h-16:30h)* 1
Switzerland Index Future Business day preceding the 3rd Friday (or previous business day) of contract month (1600h) Official Underlying Exchange Settlement for SMI Future Contract Quarterly 1 2% 5 1
Netherlands Future Third Friday (Or previous business day) of contract month (1400h) Official Underlying Exchange Settlement EDSP for AEX Future Contract Monthly 1 2.50% 0.5 1
Belgium 20 Future Third Friday (Or previous business day) of contract month (1410h) Official Underlying Exchange Settlement EDSP for BEL-20 Future Contract Monthly 1 2.50% 10 1
Asia
China 50 Future Business Day preceding the Last Business Day of Contract Month Official closing price of FTSE China A50 Index Monthly 1 2% 50** 1
Japan 225 Future Business Day preceding the 2nd Friday of Contract Month The Special Nikkei 225 Index Quotation based on the opening prices of each component issue in the Nikkei 225 Index on the business day following the last trading day. Quarterly 0.5 2% 20** 1
Singapore Index Future Business Day preceding the Last Business Day of Contract Month The value of the MSCI Singapore Free Index based on the Special Quotation methodology applied on each component stock of the MSCI Singapore Free Index on the day following the Last Trading Day. Monthly 16 1% 0.5** 1
Hong Kong Index Future Business Day Preceding the Last Business Day of Contract Month (15:30 local time) Averaged value of the Hang Seng Index, taken at five-minute intervals during the whole day of trading in the underlying stock market on the last trading day Current Month, Next Month and nearest Two Quarter Months 0.25 2% 10 Points 1
Volatility
US Volatility Index Future 31 days preceding the 3rd Friday of Next Month Special Opening Quotation of VIX on the settlement date. Current and Next Month 1 10% 1 1

Please note, as a general (but not exact) rule, the last dealing time is approximately 30 minutes before that of the underlying product on the relevant exchange.


Daily Rolling Cash Indices

ProductLast Trading TimeSettlement
Info
Quotation
Cycle
Min Stake
Long / Short
Base Margin
Requirement
Indicative
Spread
per Unit
UK 100 Daily Rolling Cash 1628h N/A N/A 1 1% 1 Point (08:00h-16:30h)* 1
Wall Street Daily Rolling Cash 2058h N/A N/A 0.5 1% 2 Points (07:00h – 21:15h)* 1
US 500 Daily Rolling Cash 2058h N/A N/A 4.5 1% 0.5 1
US Tech 100 Daily Rolling Cash 2058h N/A N/A 2 1% 1 1
Germany 30 Daily Rolling Cash 1628h N/A N/A 1 2% 1 Point (07:00h-21:00h)* 1
European Stocks 50 Daily Rolling Cash 1628h N/A N/A 2.5 2% 1 Point (07:00h-16:30h)* 1
France 40 Daily Rolling Cash 1628h N/A N/A 1.5 2% 1 Point (07:00h-16:30h)* 1

Please note that for Daily Rolling Cash Indices, the Last Trading Time is the time at which the product will suspend before being reopened for the next day.

*Indicative Spreads are in hours. Spreads may be wider out of hours. Please refer to the trading platform for further information.
**Variable
***Please note that free guaranteed stops do not apply to all products and are subject to trade size restrictions which may vary for each product.


Trading Example

You believe that the UK Market has been over sold and so wish to take a position to profit from any rise in the short term.

Our UK 100 Daily Rolling Cash price is 5570/5571; this means that you may buy (go long) at 5571 or sell (go short) at 5570.

As you believe the market will rise, you buy at 5571 and decide to risk £10 per point. Three days later the market has risen and our UK 100 Daily Rolling price is now 5592/5593. Because you bought to open the position you will have to sell to close and so you sell at 5592.

The difference between where you bought and where you sold is 21 points (5592-5571) and so your profit is 21 points x £10 (your bet size) = £210 profit.