CFDs on Cash Indices Sample Clauses

CFDs on Cash Indices. For a position of quantity 50 contracts France40 with a Mid-Market Price of EUR 5185 and Difference with new Contracts, which is trading higher, +430 points (EUR 4.30), end of day spread is 1.40 USD, the calculation is as follows: Long Position: 50 x ((5189.3 – 5185) + 1.40) = -285 EUR Short Position: 50 x ((5189.3 – 5185) + 1.40) = 285 EUR MT4 / MT5 Trading Platform
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CFDs on Cash Indices. For a position of 0.05 lot USA30 with a Mid-Market Price of USD 24,912 and a Difference in Contracts of +450 Points (USD 4.50), end of day spread is USD 3.20, the calculation is as follows: Long Position: (0.05 x 100) x ((24916.5 – 24912) + 3.20) = -38.5 USD + Overnight Rollover Short Position: (0.05 x 100) x ((24916.5 – 24912) + 3.20) = 38.5 USD + Overnight Rollover APPENDIX CCONVERSION FEE Formula Conversion Fee = 0.6% * Conversion Rate General Example Let’s assume that your account is denominated in EURO and you want to open a position on APPLE which is quoted in US dollars. You buy long Apple of 6 contracts. Apple price at opening: Apple price at closing: BID 147.58 BID 155.32 ASK 147.93 ASK 155.67 If: Margin requirement 10% EURUSD Conversion Rate at opening: 1.14360 EURUSD Conversion Rate at closing: 1.12990 Margin Fee: 0.6% Used Margin: (mid-price * margin requirement) *volume) = (147.76 * 10%) * 6 = 88.66 USD Used Margin Converted into EUR: 88.66 / 1.14360 = 77.52 EUR Xxxxxx Xxx at opening of the position: User Margin * Margin Fee = 77.52 * 0.6% = - 0.46 EUR Used Margin at closing Converted into EUR: 88.66 / 1.12990 = 78.46 EUR Margin Fee at closing of the position: 78.46 * 0.6% = - 0.47 EUR Margin P/L: Closing Margin - Opening Margin = 78.46 - 77.52= 0.94 Total Margin Fee: (-0.46) + (-0.47) = -0.93 Closed P/L: ((Closing Price - Opening Price) *volume) = (155.32 - 147.93) * 6) = 44.34 USD Closed P/L in EUR: Closed P/L in USD/ Conversion Rate= 44.34 / 1.12990 = 39.24 EUR P/L Conversion Fee: Closed P/L * Conversion Fee = 39.24 * 0.60%= 0.24 EUR Margin Adjustment: Margin Fee + Margin P/L = 0.94 + (-0.93) = 0.01 EUR Closed P/L after margin adjustment and conversion fee: closed P/L + margin adjustment + P/L Conversion Fee = 39.24 + 0.01 + (- 0.24) = 39.01 EUR
CFDs on Cash Indices. The Introducer’s Fees are calculated as a commission per lot. Instrument Symbol Commission per xxx XX00, XX000, X00, Xxxxxx00, French40, EURX50, ES35 $0.22 SUI20 $0.20 NAS100 $0.10 SPX500 $0.04 Jpn225 $0.0035

Related to CFDs on Cash Indices

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