What are Indices?
Indices are a measurement of the price performance of a group of shares from an exchange. For example, the FTSE 100 tracks the 100 largest companies on the London Stock Exchange. Trading indices in DCFX enables you to get exposure to an entire economy or sector at once, while only having to open a single position.
Advantages of Trading Indices with DCFX
|Instrument||Size of 1 lot||Gap Limitation||Expiry Date|
FTSE–Xinhua China A50 Index
German Stock Index
Dow Jones Index
Financial Times Stock Exchange 100 Index
Heng Seng Index
Standard & Poor Index
Trading Session (UTC+3)
|ChinaA50||MON 04:05||FRI 20:30||Daily 11:16-12:14|
|DAX||MON 03:11||FRI 23:00||--|
|DOW||MON 01:05||FRI 23:55||Daily 23:16-23:30|
|FTSE100||MON 03:01||FRI 23:00||--|
|HSI||MON 04:20||FRI 20:00||Daily 07:01-08:00, 11:31-12:15|
|NAS100||MON 01:05||FRI 23:55||Daily 23:16-23:30|
|NIKKEI||MON 02:31||FRI 23:15||Daily 09:26-10:30|
|SPX500||MON 01:05||FRI 23:55||Daily 23:16-23:30|
Transaction Terms and Conditions
- a. Bid or offer only one side.b. Spread between bid and offer is more than the normal spread provided by liquid provider.c. Political news, economic news, terrorism, natural disaster, etc. could make prices more hectic then as usual.
If there is a price error (wrong quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.
Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Friday. Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time widened spreads and low liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.
Commission charge starting from 7 USD per lot (round turn) is applied.
Calculating Index Margin Requirements
|Account Base Currency:||USD|
|Position:||Open 1 lot BUY DOW at 34,086|
|Margin Required is:||34086*1*5*1% = 1704.3 USD|