An index represents the top shares from a particular global equities market. For example, the FTSE 100 represents the largest 100 companies traded on the London Stock Exchange. Other stock indices include ASX 200 (Australia), Dow Jones and S&P (U.S.), DAX and CAC (Europe).
Indices provide the best way to gauge the performance of an industry, sector or an entire country’s stock market. When the share prices of the companies making up the index go up, the index will rise with them, and if they fall, it will drop.
Trading indices with CLM allows you access to the cash CFD, which means you are simply trading on the movement of the index's prices rather than purchasing the underlying futures contract.
Benefits of CFDs Trading
Indices offer a diversified way to trade the movements of the global equity markets without the need to identify, trade or directly own any specific stock or group of stocks. Benefits include:
- Access to global markets
- Ability to trade long or short
- Low capital requirements
- No brokerage fees
Indices - Product Details
|Instrument||Symbol||Size||Margin*||Currency||Min. Size*||Trading Hours**||Break Time**|
|FTSE 100||UK 100||£1||£60||GBP||1||24 hrs||00:00 - 01:00 & 23:15 - 23:30|
|Xetra DAX||GER 30||€ 1||€ 60||EUR||1||09:00 - 23:00||None|
|CAC 40||FRA 40||€ 1||€ 40||EUR||1||09:00 - 23:00||None|
|Euro Stoxx 50||EUSTX 50||€ 1||€ 70||EUR||1||09:00 - 23:00||None|
|Nikkei 225||JPN 225||¥100||¥19000||JPY||1||24 hrs||00:00 - 01:30 & 08:25 - 09:30|
|S&P/ASX||AUS 200||$1||$25||AUD||1||24 hrs||22:00 - 00:50 & 07:30 - 08:10|
|Hang Seng||HGK 33||HK$10||HK$2150||HKD||1||03:15 - 10:15||06:00 - 07:00|
|Dow Jones||US 30||$1||$90||USD||1||24 hrs||00:00 - 01:00 & 23:15 - 23:30|
|S&P 500||SPX 500||$10||$120||USD||1||24 hrs||00:00 - 01:00 & 23:15 - 23:30|
|Nasdaq 100||NAS 100||$1||$25||USD||1||25 hrs||00:00 - 01:00 & 23:15 - 23:30|
* Standard lot. ** All times shown are GMT+2 (server time).
FTSE 100 Index
The Financial Times 100 index represents the top 100 publicly traded companies on the London Stock Exchange.
DAX 30 Index
The DAX 30 index represents 30 of the largest and most liquid German companies that trade on the Frankfurt Exchange.
CAC 40 Index
The CAC 40 index reflects the performance of the 40 largest equities listed in France, including: Renault, Michelin, and L’Oreal.
Euro Stoxx 50
The Euro Stoxx 50 is Europe's leading blue-chip index. The index covers 50 stocks from 12 Eurozone countries.
Dow Jones Index
The Dow Jones Industrial Average (AKA The Dow, Dow 30) is an index of 30 blue-chip stocks of top U.S. publicly traded companies.
Nasdaq 100 Index
The Nasdaq 100 represents the 100 largest, most actively traded U.S. companies listed on the Nasdaq Stock Exchange.
S&P 500 Index
The Standard and Poor’s 500 is considered to be the main U.S. market index, representing the 500 largest companies in terms of market capitalization.
ASX 200 Index
The ASX 200 represents over 80% of all publicly traded companies in Australia, and it is considered to be the most liquid representation of their market.
Hang Seng Index
The Hang Seng represents the 40 largest companies traded on the HK Exchange, and it is the most quoted barometer for their economy.
Nikkei 225 Index
The Nikkei 225 is Japan’s premiere stock index, and includes the top 225 blue-chip companies listed on the Tokyo Stock Exchange.