-
Product introduction
-
Transaction instance
-
Contract conditions
What is stock index?
Stock index, also known as stock index or stock index, is a financial futures contract based on stock price index.
Buyers and sellers trade the level of stock index prices over a certain period of time. After the contract expires, the stock index is settled by cash settlement of the spread.
The index is named after a news or financial services company and serves as a benchmark measure of the stock market.
Hot products
- JPN225
- DJ30
- SP500
- HK50
- UK100
Symbol:JPN225
The Nikkei 225 Index, also known as the Nikkei Average index, covers the most representative 225 stocks in the Tokyo Stock Exchange. It was compiled in 1949, so it has a long duration and good comparability. It has become the most commonly used and reliable indicator to inspect the long-term evolution and changes of the Japanese stock market.
Symbol:DJ30
Dow Jones Index is the world's oldest stock index, its full name is the Stock Price Average. What is commonly referred to as the Dow Is likely to be the First of the four components of the Dow, the Dow Jones Industrial Average.
Symbol:SP500
The S&P 500 is a stock index that tracks 500 publicly traded companies in the United States. The stock index is created and maintained by Standard & Poor's. All companies covered by the S&P 500 are listed on major U.S. exchanges, such as the New York Stock Exchange and Nasdaq. The S&P 500 contains more companies than the Dow, so risk is more diversified and reflects broader market changes.
Symbol:HK50
The Hang Seng Index is also known as the Hong Kong 50 Index, trading code HK50, is compiled by the Hang Seng Index Services Co., LTD., a wholly-owned subsidiary of Hang Seng Bank in Hong Kong. The sample stocks are composed of a total of 50 heavy component stocks (namely blue chips), which is a weighted average stock price index with the weight of issuance.
Symbole:UK100
The London Financial Times 100 Index (or THE FTSE 100 share price index), or FTSE 100 index. Founded on 3 January 1984, it is an index of the 100 largest companies listed on the London Stock Exchange. The index is a barometer of the UK economy and one of the most important stock indexes in Europe.
The advantages of stock index trading
Trading zero commission, low spread
Low threshold, high yield, trading at $10
T+0 two-way trading, up and down can be profitable
Hedge function, through the index can hedge the risk of the stock market
You can trade global stock markets 24 hours a day without leaving home
Trading volume is huge and market transparency is high
Factors affecting stock index trading
Economic growth, inflation
Political factors
Government fiscal measures (e.g. Us tax cuts, infrastructure boom, etc.)
Central Bank monetary policy
Exchange rate changes
Operating status of listed companies
International financial trends
Why trade stock indexes?
Stock index for two-way trading, both can do long (buy up), but also short (buy down).
Simply put, if you think the index is going to go up, buy it. If you think it will go down, sell. If the direction is correct, then earn the intermediate spread.
The calculation is as follows: Total profit and loss = (ask price -- bid price) x contract unit x number of trades ± overnight interest
Note: closing a position on the day of opening does not require overnight interest payment; Actual overnight warehouse interest based on actual transactions; Orders placed through the CM Trade platform do not charge commission.
As an example
You buy 3 lots of CHINA300 through CM Trade platform at the price of 4956.6, each lot has 10 contract units, and close the position at the selling price of 4966.6 on the same day.
Total profit
=(ask price - bid price) x contract unit x number of lots + overnight interest
=(4966.6-4956.6)*10*3±0=$300
Name | Quotation in small digits | Benchmark currency | High-yielding currencies | Contract unit (Standard hand) |
Delivery time | Occupancy deposit (USD/Hand) |
---|---|---|---|---|---|---|
JPN225 | 1 | USD | USD | 2 | 2023/3/8 |
1000 |
HK50 | 1 | USD | USD | 2 | 2023/2/24 | 1000 |
UK100 | 2 | USD | USD | 10 | 2023/3/15 | 1000 |
DJ30 | 1 | USD | USD | 5 | 2023/3/15 |
1000 |
SP500 | 3 | USD | USD | 50 | 2022/3/15 |
1000 |