Every major stock market around the world has an index, or several indices, which reflect the status of a specific segment of that market. indices are considered more stable than individual stocks.
Indices are a great way for you to trade on the overall value of a regional index without having to analyze individual companies or stocks. The index itself represents the value of a group of stocks from one country and shows the overall, current, and historical performance of that stock index.
What are indexes?
Indices or Indexes are indicators of price changes for a certain group of securities. the stock exchange index can be explained as a “basket” of shares united by a common basis. trading indices can be compared to opening positions on the courses of several dozen stocks at once.
The most important thing is determining the exact stocks or bonds each index is formed from. The set of shares included in the spot index value calculation determines the information that can be obtained by observing the dynamics of its course.
In general, the main purpose of world indexes is to create a powerful indicator for investors to characterize the direction of companies’ quotes in a particular industry. studying the dynamics of major indices helps to understand the impact of certain events on the value of securities.
During trading Indexes, keep in mind that the reaction to the economic news published may not correspond with expectations and forecasts.
Monyxa's spreads on Indexes
The spreads, margins and trading hours for all of available indexes
|symbol||description||digits||margin||min trade size||contract Size||trading Hours GMT|
|DAX30||DAX Performance Index – Cash||3||1%||1||1||Sunday 22:00 – Friday 22:00|
|ESP35||Spain IBEX 35 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|ESX50||Euro Stoxx 50 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|JPN225||Nikkei 225 Index||1||1%||1||100||Sunday 22:00 – Friday 22:00|
|CAC40||France 40 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|NAS100||NASDAQ 100 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|SP500||S&P 500 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|SMI200||Switzerland 20 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|WS30||Dow Jones Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|
|UK100||FTSE 100 Index||1||1%||1||1||Sunday 22:00 – Friday 22:00|