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

Access global stock indices including DOW and DAX
Go long or short on Indices
Competitive spreads and low margin requirements
No overnight holding cost for any open position

Details

Instrument	Size of 1 lot	Gap Limitation	Expiry Date
ChinaA50 FTSE–Xinhua China A50 Index	10 USD	--	--
DAX German Stock Index	25 EUR	--	--
DOW Dow Jones Index	5 USD	--	--
FTSE100 Financial Times Stock Exchange 100 Index	10 GBP	--	--
HSI Hang Seng Index	5 USD	--	--
NAS100 Nasdaq Index	20 USD	--	--
NIKKEI NIKKEI Index	5 USD	--	--
SPX500 Standard & Poor Index	50 USD	--	--

Trading Session (UTC+2)

Instrument	Open	Close	Break
ChinaA50	MON 03:05	SUN 19:30	SUN 10:16-11:14
DAX	MON 03:31	SUN 21:55	--
DOW	MON 01:03	SUN 23:10	--
FTSE100	MON 01:05	SUN 22:55	--
HSI	MON 03:20	SUN 20:55	SUN 06:01-07:00, 10:31-11:15
NAS100	MON 01:05	SUN 23:55	SUN 23:16-23:30
NIKKEI	MON 02:03	SUN 23:10	--
SPX500	MON 01:05	SUN 23:55	SUN 23:16-23:30

Transaction Terms and Conditions

1. Each Transaction will be given a bid price with spread based on live market price.
2.Hectic Market Condition-a situation when the market is in volatile conditions. In this situation, the spread will be based on the conditions of the price movement as well as the quotation provided by the liquidity provider. In some cases, the stop level will also be changed. What is meant by hectic conditions if at least one of the situations below is met, and not caused by the wrong quote, as follows:

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.
3. When hectic market, the ability to transact may be disrupted if the banks and market makers getting slow and do not set the prices, the company has a right to make spread widen according to market condition.
4. Each transaction will be limited by maximum 20 lots.

Wrong Quote

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.

Important

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
Maintenance Margin:	1%
Margin Required is:	3408615*1% = 1704.3 USD

Instruments