FXDD CFD INFO Update M1( edited)
Transcript of FXDD CFD INFO Update M1( edited)
Updated January 2018
CAC40 Cotation Assistee en Continu - French Stock Exchange Index
AUS200 The S&P/ASX200 - The Australian Stock Exchange IndexFRA40
COPPERGER30UK100NGASESP35UKOILUSA30NAS100SPX500JPN225
HKG33
Copper
DAX Deutsche Aktien indeX - German Stock Exchange IndexFTSE100 - Financial Times & London Stock Exchange IndexNatural Gas
Spanish Stock Exchange IndexBrent Crude OilDow Jones Industrial AverageNASDAQS&P 500NIKKEI225 - Tokyo Stock Exchange
Hang Seng Index - Hong Kong Stock Exchange
AUS200FRA40COPPERGER30UK100NGASESP35UKOILUSA30NAS100SPX500JPN225HKG33
Daily 22:00-21:00Daily 07:00-21:00Sun 23:00-Fri 21:45
Daily 07:00-21:00Daily 07:00-21:00Sun 23:00-Fri 20:45Daily 07:00-19:00Mon 01:00-Fri 21:45Sun 23:00-Fri 21:15Sun 23:00-Fri 21:15Sun 23:00-Fri 21:15
Sun 24:00-Fri 21:15Mon 01:15-Fri 08:15
Daily 05:30-06:10NoneDaily 22:00-23:00None
NoneDaily 22:00-23:00
NoneDaily 21:00-01:00Daily 21:15-21:30Daily 21:15-21:30Daily 21:15-21:30Daily 21:15-24:00Daily 04:00-05:00
*
* Terms like S&P 500 or Dow Jones Industrial Average are trademarked and cannot be used by CFD brokers. As a result each brokermust devise a unique name for these products.
* Certain products' trading hours are subject to shift 1hour forward/backward with a change between Standard Time and DST
and 22:00-23:00and 22:00-23:00and 22:00-23:00
Updated January 2018
AUS200FRA40COPPERGER30UK100NGASESP35USA30NAS100SPX500UKOILJPN225HKG33
Australian DollarEuroUSDEuroBritish PoundUSDEuroUSDUSDUSDUSDJapanese YenHong Kong Dollar
EUR/USD = 1.10; Pip Value = $1.10AUD/USD = 0.77; Pip Value = $0.77
Pip = $1.00EUR/USD = 1.10; Pip Value = $1.10GBP/USD = 1.25; Pip Value = $1.25Pip = $1.00EUR/USD = 1.10; Pip Value = $1.10Pip = $1.00Pip = $1.00Pip = $1.00 Pip = $1.00USD/JPY = 112.00; Pip Value = $0.09USD/HKG = 7.76; Pip Value = $0.13
*CFD commissions are charge per contract. i.e. 1 MT4 lot GER30 = 10 CFD contracts GER30. Commission is charged on 10 contracts.
Updated January 2018
Apple (AAPL)Facebook (FB)Amazon (AMZN)Netflix (NFLX)Tesla (TSLA)EAlphabet - A Share -(GOOGL)
Alibaba (BABA)Twitter (TWTR)Bank of America (BAC)Baidu (BIDU)
100100100
100100100100100100100
0.010.010.010.010.010.01
0.010.010.010.01
111111
1111
Trading Hours: 9:30 AM - 4:00 PM EST
Margin requirement : 5% of the account leverage
Stock Exchange
Nasdaq
NasdaqNasdaqNasdaqNasdaqNasdaqNYSENYSENYSENasdaq
Single StocksCommission per trade
$8$8$8$8$8$8$8$8$8$8
Below is an example:
Margin Requirement for 1 standard lot of USA30Account leverage 1:100
Notional Value = Contract Size x Multiplier x Price10 x 0.1 x 23,520.50 = 23,520.50
Margin Calculation = Notional Amount x Account margin requirement (1/100 = 0.01 or 1%) 23,520.05 x 1% = $235.20 margin requirement for 1.0 lot of USA 30
30/11/201727/12/2017
29/11/201726/12/2017
28/12/201729/01/2018
27/12/201726/01/2018
31/01/201826/02/201828/02/2018
30/01/201823/02/201826/02/2018
28/02/201827/03/2018
27/02/201826/03/2018
29/03/201826/04/201830/04/2018
28/03/201825/04/201826/04/2018
N/A N/A
30/04/201829/05/2018
27/04/201828/05/2018
31/05/201827/06/201829/06/2018
30/05/201826/06/201827/06/2018
29/06/201827/07/2018
28/06/201826/07/2018
31/07/201829/08/201831/08/2018
30/07/201828/08/201829/08/2018
Updated January 2018
2018
31/08/201826/09/2018
30/08/201825/09/2018
28/09/201829/10/2018
27/09/201826/10/2018
31/10/201828/11/2018
30/10/201827/11/2018
30/11/2018 28/11/2018
201930/11/2018 29/11/2018
Updated January 2018
2018
Updated January 2018
CFD Finance Charge
Holding a Long CFD Stock Index Tracker position after 17:00 EST (New York Time), involves a financing charge calculated as follows:
(P*Q*(Rf Offer+Finance spread))*(1/360)
Where: P= Price Q= Number of contracts Rf Offer= Interbank offer rate Finance spread = 3%
Holding a Short CFD Stock Index Tracker position after 17:00 EST (New York Time), involves a financing credit calculated as follows:
(P*Q*(Rf bid-Finance spread))*(1/360)
Where: P= Price Q= Number of contracts Rf Offer= Interbank bid rate Finance spread = 2.5%
Please consider additional items in your calculations mentioned below:
• A floor apply to the relevant Inter-Bank Bid/Offer Rate, i.e. if the Inter-Bank Rate is negative it willbe excluded from the financing calculation.
• If the calculated financing rate on a short position (Inter-Bank Bid Rate – mark-down) is negative,the financing credit will become a financing charge.
• Corporate Events - Dividends may impact the amount of overnight costs you pay or earn on yourIndex CFD position. Dividend figures represent the expectations of our liquidity providers and aresubject to change. Index CFD's are made up of a group of stocks that may be subject todividends payouts throughout the year. When a dividend is paid on a stock, the value of the stockwill drop and therefore so does the value of the index. Short positions will be positively impactedby the drop in Index Price, while long positions are negatively impacted and this may result in afinancial loss.