Our most popular stock index contracts are listed in the Contract Details.. You can trade in full or mini contract sizes, and even in fractions of a contract.
Opening the position
Our quote for the FTSE 100 Index is currently 5690/5692. You think the blue-chips look strong and decide to buy two contracts at 5692. (One contract is the equivalent of 10 per index point.)
To open your position you supply a deposit of 2000 per contract = 4000. You will then make or lose 20 for every point the sell price rises above or falls below 5692.
Closing the position
The market moves in your favour over the next few days, and you decide to take your profit. Our quote has risen to 5774/5776, and you close your position by selling two contracts at 5774.
Your profit on the trade is calculated as follows:
Profit on trade
Closing level
5774
Opening level
5692
Difference
82
Profit: 82 points x 2 contracts x 10 per point = 1640
To calculate the overall result you also have to include the commission and the interest and dividend adjustments. Interest adjustments are applied daily to stock index trades in exactly the same way as to Share CFDs. Dividend adjustments are applied whenever a stock in the relevant index goes ex-dividend. For more information see Contract Details.
