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Indices

Indices Pricing
Our philosophy of staying clear of unnecessary charges to clients extends to our Indices pricing. Access our attractive Indices contract specifications on this page. The margins below are only applicable on MetaTrader 4. We’ve introduced tiered margins on MetaTrader 5.
NameMajor/MinorEquiti’s AbbreviationTypeTypical SpreadMarginFixed LeverageContract sizePL of 1
Australia 200MajorAUS200 RollRolling20.50%1:2001 index point1 AUD per 1.0 move
China A50MinorCHINA50RollRolling5%1:2010 index point10 USD per 1.0 move
China H-SharesMinorChsharesRolling3%1:331 index point1 HKD per 1.0 move
EU Stocks 50MajorEU50 RollRolling0.90.50%1:2001 index point1 EUR per 1.0 move
France 40MajorFR40 RollRolling1.20.50%1:2001 index point1 EUR per 1.0 move
Germany 30MajorDE30 RollRolling10.50%1:2001 index point1 EUR per 1.0 move
Hong Kong 50MinorHK50 RollRolling131%1:1001 index point1 HKD per 1.0 move
INDIA 50MinorINDIA50RollRolling5%1:201 index point1 USD per 1.0 move
Japan 225MajorJP225 RollRolling110.50%1:2001 index point1 JPY per 1.0 move
Russell 2000MinorRUSS2000Rolling1%1:1001 index point1 USD per 1.0 move
Spain 35MinorESP35 RollRolling232%1:501 index point1 EUR per 1.0 move
UK 100MajorUK100 RollRolling0.70.50%1:2001 index point1 GBP per 1.0 move
US SPX 500MajorUS500 RollRolling0.50.50%1:2001 index point1 USD per 1.0 move
US Tech 100MajorUT100 RollRolling10.50%1:2001 index point1 USD per 1.0 move
US Wall Street 30MajorUS30 RollRolling1.70.50%1:2001 index point1 USD per 1.0 move
Volatility IndexMinorVIXRollRolling15%1:6.61 index point1 USD per 1.0 move

Where “xx” refers to the expiry month and year.

First letter is the expiry month:

F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec

Second letter is the year: e.g. Dec-2022 is “Z2”

Please refer to our Futures Expiry Dates page for details on the expiring contracts

Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

*Typical prices are during London and New York sessions.

 

NameMajor/MinorEquiti’s AbbreviationTypeTypical SpreadFixed MarginFixed LeverageContract sizePL of 1
Australia 200 IndexMinorAU200xxFuture30.50%1:20025 index point25 AUD per 1.0 move
China A50 IndexMinorCHINA50xxFuture7.51%1:1001 index point1 USD per 1.0 move
France 40 IndexMajorFRA40xxFuture1.70.50%1:20010 index points10 EUR per 1.0 move
Germany 30MajorDE30xxFuture1.51%1:10025 index point25 EUR per 1.0 move
Hong Kong 50 Future IndexMinorHK50xxFuture3%1:3350 Index Point50 HKD per 1.0 move
India 50 IndexMinorINDIA50xxFuture51%1:1002 index point2 USD per 1.0 move
Singapore 30 IndexMinorSing30xxFuture0.61%1:10010 index point10 SGD per 1.0 move
Spain 35 IndexMinorESP35xxFuture72%1:5010 index points10 EUR per 1.0 move
UK 100 IndexMajorUK100xxFuture1.50.50%1:20010 index points10 GBP per 1.0 move
US Dollar IndexMajorUSDIndexxxFuture0.0450.50%1:2001000 index points1000 USD per 1 move
US SPX 500MajorUS500xxFuture0.50.50%1:20050 index point50 USD per 1.0 move
US Tech 100MajorUT100xxFuture21%1:10020 index point20 USD per 1.0 move
US Wall Street 30MajorUS30xxFuture30.50%1:2005 index point5 USD per 1.0 move
Volatility IndexMinorVIXxxFuture0.110%1:101000 index points10 USD per 0.01 move

Where “xx” refers to the expiry month and year.

First letter is the expiry month:

F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec

Second letter is the year: e.g. Dec-2022 is “Z2”

Please refer to our Futures Expiry Dates page for details on the expiring contracts

Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time. For up to date information please refer to the trading platform or call the support desk.

*Typical prices are during London and New York sessions.

 

Here is this week’s Upcoming estimated Dividends commencing

EQUITI NAME11/21/202211/22/202211/23/202211/24/202211/25/2022
AUS200Roll0.130.340.35
CHINA50Roll
CHshares0.640.56
DE30Roll
ESP35Roll0.38
EU50Roll2.150.58
FRA40Roll1.98
HK50Roll5.434.530.96
INDIA50Roll
JP225Roll
RUSS20000.030.030.110.13
UK100Roll8.99
US30Roll6.33
US500Roll0.380.080.180.10
UT100Roll0.260.120.66
VIXRoll
ITALY40Roll142.24

How are dividends dealt with for indices?

Dividends are cash issued payments based on a company’s earnings, for indices a dividend would be produced if a company within the index issued a dividend. The volume and timing are decided by the board of directors. Dividends can also be issued as shares if the underlying share is owned.

Depending if you were long or short it will impact your position different. The change in price for a long position would be disadvantageous due to the fall in price therefore an account credit would be applied. However, the inverse position would mean an account debit to cater for the benefit of the price drop. Therefore, you wouldn’t lose or gain from the dividend.

Let’s say you hold a long position of 4,000 Lots of UK100ROLL and there is a dividend of 12p. This would mean £480 would be credited to your account.

12p x 4,000 = £480

Note: If you held a short position going into the ex-dividend date then your account would be debited £480.

WITHHOLDING TAX

Any adjustments made to a long position due to a dividend will be less applicable withholding taxes – a tax deducted from dividends in the underlying market. This levy is based on the underlying; usually around 15%.

* We reserve the right to change any of the information contained herein at any time, in case of error. Equiti shall not be responsible for any loss, either directly or indirectly, arising from any action of any kind taken and that is based on the information contained herein.