Index CFDs are contracts that mirror the performance of the underlying index future with the profit or loss calculated as the difference between the purchase price and the selling price.
Alpari (UK)’s range of index CFDs includes Wall Street 30, US 500, US Tech 100, UK 100, German 30, Stoxx 50 and French 40.
If your positions remain open two days before the official expiry date, Alpari (UK) will close them at the official settlement price.
Pending orders (buy stop, sell stop, buy limit and sell limit) will be automatically deleted when the market closes at the end of each trading session. Please note, however that stop loss and take profit orders will remain in the market.
Market trading hours are an important factor when trading CFDs. If you have an open position when the markets close, this means you will not be able to close your trade until the market re-opens again the next trading day. Due to the volatility of equity markets, the opening price at the start of the next trading session can be vastly different from the closing price the previous trading session.
| Wall Street 30 | US 500 | US Tech 100 | |
|---|---|---|---|
| Alpari abbreviation | US30. | US500. | NQ100. |
| Type | Future | Future | Future |
| Country | US | US | US |
| Currency | USD | USD | USD |
| Exchang | CBOT | CME | CME |
| Spread from | 3 | 0.75 | 1.75 |
| (3 increments) | (3 increments) | (7 increments) | |
| Minimum trade Size: | 0.1 | 0.1 | 0.1 |
| Increment | 1 | 0.25 | 0.25 |
| Increment value | $5 | $12.50 | $5 |
| Margin | $400 | $400 | $400 |
| Contract unit | 1 | 1 | 1 |
| Duration | Quarterly | Quarterly | Quarterly |
| Trading hours* | 01:00-23:15 & 23:30-10:30 MetaTrader/EET |
01:00-23:15 & 23:30-10:30 MetaTrader/EET |
01:00-23:15 & 23:30-10:30 MetaTrader/EET |
| Quoted months | Mar (H), Jun (M), Sep (U), Dec (Z) | Mar (H), Jun (M), Sep (U), Dec (Z) | Mar (H), Jun (M), Sep (U), Dec (Z) |
| UK 100 | German 30 | Stoxx 50 | French 40 | |
|---|---|---|---|---|
| Alpari abbreviation | UK100. | DE30. | EUR50. | FRA40. |
| Type | Future | Future | Future | Future |
| Country | UK | DE | EU | FR |
| Currency | GBP | EUR | EUR | EUR |
| Exchange | NYSE Euronext | Eurex | Eurex | NYSE Euronext |
| Spread from | 1.5 | 1.5 | 1.5 | 1.5 |
| (3 increments) | (3 increments) | (3 increments) | (3 increments) | |
| Minimum trade size: | 0.1 | 0.1 | 0.1 | 0.1 |
| Increment | 0.5 | 0.5 | 0.5 | 0.5 |
| Increment value | GBP5.00 | EURO12.50 | EUR5.00 | EUR5.00 |
| Margin | GBP400 | EUR1,000 | EUR400 | EUR400 |
| Contract unit | 1 | 1 | 1 | 1 |
| Duration | Quarterly | Quarterly | Quarterly | Monthly |
| Trading hours* | 03:00-23:00 MetaTrader/EET | 09:00-23:00 MetaTrader/EET | 09:00-23:00 MetaTrader/EET | 09:00-23:00 MetaTrader/EET |
| Quoted months | Mar (H), Jun (M), Sep (U), Dec (Z) | Mar (H), Jun (M), Sep (U), Dec (Z) | Mar (H), Jun (M), Sep (U), Dec (Z) | All months |
*Alpari UK trading hours cease at 00:00 EET on Fridays.
If your positions remain open two days before the official expiry date, Alpari (UK) will close them at the official settlement price, is published by the exchange shortly after the cash market closes. We will endeavour to close the positions promptly after this price has been published. The date this process will occur is shown in brackets next to the relevant month's symbol.
Shaded areas in the table represent currently available contracts.
| Month codes | DOW (Wall Street 30) | S&P (US 500) | Nasdaq (US Tech 100) |
|---|---|---|---|
| January (F) | |||
| February (G) | |||
| March (H) | US30.H (14 Mar 2012) |
US500.H (14 Mar 2012) |
NQ100.H (14 Mar 2012) |
| April (J) | |||
| May (K) | |||
| June (M) | US30.M (13 Jun 2012) |
US500.M (13 Jun 2012) |
NQ100.M (13 Jun 2012) |
| July (N) | |||
| August (Q) | |||
| September (U) | US30.U (19 Sept 2012) |
US500.U (19 Sept 2012) |
NQ100.U (19 Sep 2012) |
| October (V) | |||
| November (X) | |||
| December (Z) | US30.Z (19 DEC 2012) |
US500.Z (19 DEC 2012) |
NQ100.Z (19 DEC 2012) |
| Month codes | FTSE (UK 100) | DAX (German 30) | Euro Stoxx (Stoxx 50) | CAC (French 40) |
|---|---|---|---|---|
| January (F) | ||||
| February (G) | FRA40.G (15 Feb 2012) |
|||
| March (H) | UK100.H (14 Mar 2012) |
DE30.H (14 Mar 2012) |
EUR50.H (14 Mar 2012) |
FRA40.H (14 Mar 2012) |
| April (J) | FRA40.J (18 Apr 2012) |
|||
| May (K) | FRA40.K (16 May 2012) |
|||
| June (M) | UK100.M (13 Jun 2012) |
DE30.M (13 Jun 2012) |
EUR50.M (13 Jun 2012) |
FRA40.M (13 Jun 2012) |
| July (N) | FRA40.N (TBA) |
|||
| August (Q) | FRA40.Q (TBA) |
|||
| September (U) | UK100.U (19 Sept 2012) |
DE30.U (19 DEC 2012) |
EUR50.U (19 DEC 2012) |
FRA40.U (19 DEC 2012) |
| October (V) | FRA40.V (TBA) |
|||
| November (X) | FRA40.X (TBA) |
|||
| December (Z) | UK100.Z (19 DEC 2012) |
DE30.Z (19 DEC 2012) |
EUR50.Z (19 DEC 2012) |
FRA40.Z (19 DEC 2012) |
Alpari (UK) Limited reserve the right to make necessary changes to these dates with out notice.