Product Details Indices
Why Trade CFD Indices with HANTEC MARKETS?
- No Re-Quotes on all index products, giving you fast, efficient trade execution without expensive re-quotes.
- Competitive Pricing: Competitive spreads enable you to gain exposure to global markets.
- No Commission: Trade commission free on all index products at HANTEC MARKETS unlike other markets.
- Generous Leverage: Generous leverage on all products that are clearly detailed on the HANTEC MARKETS MetaTrader 4 platform (MT4).
- Hedging Capability: You can go long or short in a single index trade.
Trading Indices on Lot Based System
HANTEC MARKETS utilises a "lot-based" trading system. This simply means that all HANTEC MARKETS products are aggregated into standardized trade sizes. These sizes generally replicate the underlying reference instrument (the futures or cash instrument) or are a fraction of that figure. This simplifies trading by allowing clients to trade in lot increments, and also provides a price for each lot size rather than averaging open and close prices when multiple positions are taken in the same instrument.
The lot size for all indices is in fact one contract (i.e., 1 US 30, 1 UK 100, etc). However, in order to effectively reflect the movement and profit/loss implications of their underlying futures, HANTEC MARKETS has established a minimum/incremental trade size as detailed in the table below.
Financing Explained
All open positions at 10 p.m. (London time) are rolled forward to the next trading day. If you hold a long (buy) position then you will be charged financing (LIBOR +3%) to roll the position, and if you are short you may receive financing (LIBOR -3%).
Dividends
Dividend payments are applicable to most cash indices and will be applied as debit/credit along with the rollover to your open positions. Adjustments will apply on the eve of the ex-dividend date of the constituent members of the relevant Index. The adjustment will appear as part of the roll over debit/credit on your statement.
When an equity goes ex-dividend, the price of that equity theoretically decreases by the dividend amount. In practice, this does not always happen as there are many market forces affecting an equity price. The amount of points an index cash CFD drops by is dependent on
the weighting of the equity within the index. If more than one constituent equity of an index CFD goes ex-dividend on the same day, the amount of points each equity will theoretically cause the sector or index to drop by is added together to calculate the total amount of dividend points or ‘drop points’. Hantec Markets will either collect or pay dividends on the hedge positions that we have entered into against client issued CFDs.
Where an index is a Total Return Index, dividend payments will not be credited/debited.
| Instrument Name | Min. Trade Size | Pip Cost (Native CCY) | Margin Requirement Per Min Trade Size | Maximum Lots per Trade | Target Spread | Minimum Stop Distance (Points) | Trading hours* (BST) |
|
| USD | ||||||||
| AUS200 | 1 | AUD 1.0 | 60 | 50 | 1(2) | 7 | Daily 22.50-20.00 | 05.30 - 06.10 |
| ESP35 | 1 | 1 | 200 | 50 | 8 | 12 | Daily 08.00-16.30 | None |
| FRA40 | 1 | 1 | 60 | 50 | 1(2) | 5 | Daily 07.00-20.00 | None |
| GER30 | 1 | 1 | 90 | 50 | 1(2) | 5 | Daily 07.00-21.00 | None |
| HKG33 | 10 | HKD 10 | 750 | 20 | 15 | 25 | Daily 01.15 - 08.15 | daily 04.00 - 05.00 |
| ITA40 | 1 | 1 | 250 | 50 | 10 | 20 | Daily 08.00-16.40 | None |
| JPN225 | 100 | ¥100 | 150 | 500 | 15 | 25 | Daily 23.00 - 20.15 | daily from 20.15-23.00 |
| NAS100 | 1 | $1.00 | 25 | 50 | 2 | 4 | Sun 22.00 - Fri 20.00 | daily from 20.15-20.30 |
| SPX500 | 1 | $1.00 | 120 | 30 | 0.5 | 2 | Sun 22.00 - Fri 20.00 | daily from 20.15-20.30 |
| SUI30 | 1 | CHF 1.00 | 90 | 50 | 4 | 6 | Daily 06.50- 16.25 | None |
| SWE30 | 1 | SEK 1.00 | 90 | 30 | 0.5 | 8 | Daily 08.00-16.20 | None |
| UK100 | 1 | £1.00 | 90 | 50 | 1(2) | 4 | Daily 08.00-20.00 | None |
| US30 | 1 | $1.00 | 90 | 50 | 4(6) | 6 | Sun 22.00 - Fri 20.00 | daily from 20.15-20.30 |
*All times are in BST
Please take note that trading hours may change during holidays. Clients will be informed of any changes by email.
Numbers listed in parenthesis refer to the spread when the underlying cash market is closed.
Please note that Hantec Markets strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the spreads displayed here. Additionally, spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of introducing brokers. Certain currency pairs may not be available for all account types. For additional information about widened spreads, click here.
