Indices

Advantages of trading Derivatives on Indices with Gloffix

Access global indices including USA500 and UK100

Get exposure to an entire sector or economy at once

Competitive spreads and low margin requirements

Spot opportunities on the go with our mobile trading app

Automated trading with the powerful MT4 platforms

Popular Indices

Go long or short on the world’s major stock indices

Indices Spot Contract Specifications


Symbol Description Typical Spreads in quote
currency per unit
Leverage (up to) Short Long Monday
Open
Friday
Close
Break
AUS200 Australian 200 3.5 1:50 -0.5 -0.85 1:50:00 23:59:59 Daily 08:29:59 – 09:09:59
FRA40 France 40 1.3 1:50 -0.51 -0.85 9:00:00 22:59:59
GER30 Germany 30 1.78 1:50 -1.23 -0.85 9:00:00 22:59:59
JPN225 Japan 225 9.3 1:5 -1.98 -1.76 1:00:00 23:59:59
NETH25 Netherlands 25 0.23 1:50 -0.5 -0.85 9:00:00 23:00:00
SPA35 Spain 35 3.3 1:50 -0.75 -0.85 10:00:00 18:30:00
SUI20 Switzerland 20 4.3 1:50 -0.5 -0.85 9:00:00 22:59:59
UK100 UK 100 1.9 1:50 -2.43 0.81 9:00:00 22:59:59
USA100 US Tech 100 2.1 1:50 -0.89 -0.85 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59
USA30 US Wall Street 30 3.4 1:50 -2.03 -0.85 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59
USA500.S US SPX500 0.41 1:50 -0.5 -0.85 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59

Indices Futures Contract Specifications


Symbol Description Typical Spreads in quote
currency per unit
Leverage (up to) Short Long Monday
Open
Friday
Close
Break
EU50.F EU STOXX 50 3.1 1:50 -1.19 0.0 3:15:00 22:59:59
FRA40.F France 40 4.73 1:50 -1.19 0.0 1:00:00 22:59:59
GER30.F Germany 30 5.17 1:50 -1.19 0.0 1:00:00 22:59:59
JP225.F Japan 225 11.3 1:5 -1.19 0.0 1:00:00 22:59:59
N25.F Netherlands 25 0.53 1:50 -1.19 0.0 9:00:00 22:59:59
SUI20.F Switzerland 20 5.0 1:50 -1.19 0.0 9:00:00 22:59:59
UK100.F UK 100 3.71 1:50 -1.19 0.0 1:00:00 22:59:59
US100.F US Tech 100 3.13 1:50 -1.19 0.0 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59
US30.F US Wall Street 30 8.15 1:50 -1.19 0.0 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59
US500.F US SPX500 0.83 1:50 -1.19 0.0 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59
USDIndex US Dollar Index 0.04 1:50 -5.5 -8.5 0:00:00 23:59:59 Tue – Fri 23:59:59 – 02:59:59
VIX.F Volatility Index SP 500 0.15 1:10 -1.19 0.0 1:00:00 23:59:59 Daily 23:14:59 – 23:29:59

Important

1. 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 Wednesday.

2. Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).

3. During the time period from 23:55 to 00:05 server time increased spreads and decreased 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.

4. Commission charge of 1 USD per lot (round turn) is applied.

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

Notional value is: 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

Contract Expiration Dates


Symbol January February March April May June July August September October November December
USDIndex 12/03/2020 11/06/2020 10/09/2020 10/12/2020
GER30.F 19/03/2020 18/06/2020 17/09/2020 17/12/2020
FRA40.F 16/01/2020 20/02/2020 19/03/2020 16/04/2020 14/05/2020 18/06/2020 16/07/2020 20/08/2020 17/09/2020 15/10/2020 19/11/2020 17/12/2020
US30.F 18/03/2020 17/06/2020 16/09/2020 16/12/2020
EU50.F 19/03/2020 18/06/2020 17/09/2020 17/12/2020
JP225.F 11/03/2020 08/06/2020 09/09/2020 09/12/2020
UK100.F 19/03/2020 18/06/2020 17/09/2020 17/12/2020
US100.F 18/03/2020 17/06/2020 16/09/2020 16/12/2020
US500.F 17/03/2020 16/06/2020 15/09/2020 15/12/2020
SUI20.F 19/03/2020 18/06/2020 17/09/2020 17/12/2020
N25.F 16/01/2020 20/02/2020 19/03/2020 16/04/2020 14/05/2020 18/06/2020 16/07/2020 20/08/2020 17/09/2020 15/10/2020 19/11/2020 17/12/2020
VIX.F 18/02/2020 17/03/2020 14/04/2020 19/05/2020 16/06/2020 21/07/2020 18/08/2020 15/09/2020 20/10/2020 17/11/2020 15/12/2020

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 Gloffix 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 MT4.

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