CFD Indices

INDEX CFDS

Index CFDs are over-the-counter products with a price established by Saxo Bank. Index CFDs aim to reflect the fair value of the underlying index, but the actual bid and ask price may differ slightly from the actual index level.

Index CFD spreads: Index CFDs are traded on the index level with the following bid/ask spreads

Stock Index Symbol code Spread* Trading Hours** Commission fee (flat rate)
Netherlands 25 AEX.I 0.3 08:01-21:55 GBP 15
Australia 200 ASXSP200.I 4 10:10-16:25 GBP 15
France 40 CAC40.I 3 08:01-20:55 GBP 15
Germany 30 DAX.I 3 08:01-21:55 GBP 15
Denmark 20 DEN20.I 2.5 09:10-16:55 GBP 15
US 30 Wall Street DJI.I 4 19:00-16:00 GBP 15
UK 100 FTSE100.I 2 08:01-19:55 GBP 15
Spain 35 IBEX35.I 8 09:01-17:30 GBP 15
Germany Mid-Cap 50 MDAX.I. 15 09:10-17:30 GBP 15
US Tech 100 NAS NAS100.I 2 19:00-16:00 GBP 15
Japan 225 NI225.I 20 09:01-15:25 & GBP 15
16:15-00:30 GBP 15
Switzerland 20 SMI.I 3 08:01-17:20 GBP 15
US SPX500 SP500.I 1 19:00-16:00 GBP 15
Italy 40 SPMIB.I 15 09:10-17:25 GBP 15
EU Stocks 50 STOXX50E.I 2 08:01-21:55 GBP 15
0Sweden 30 SWE30.I 0.65 09:10-17:25 GBP 15
Belgium 20 BELG20.I 13 09:10-17:30 GBP 15
UK Mid 250 FTSE250.I 44 08:10-16:30 GBP 15
Norway 25 NOR25.I 3 09:10-17:20 GBP 15
Germany Tech 30 TECDAX.I 4.5 09:10-17:30 GBP 15
Hong Kong HSI.I 20 10:00-16:00*** GBP 15

* Normal market conditions. If the underlying future trades at a spread that is larger than the minimum spread, the Index spread will be increased with the additional spread from the future. Example: Dax.I normal spread is 3 index points if the future spread is 0.5 indicating normal conditions. If the liquidity is low in the future and the spread is 1, the Index spread will be 3 (1-0.5) = 3.5.

** Please note that times noted are local exchange times.

***Mid-break 12:30-14:30.

TD Derivatives Trading is provided by Saxo Bank SA (Saxo), who is a provider of derivatives trading and whose head and registered office is Saxo Bank, Philip Heymans Alle 15, 2900 Hellerup, Denmark. For the purposes of derivatives trading, any contract is between you and Saxo and all dealing, administration and settlement is carried out by them. Your account is held with Saxo Bank SA, which is incorporated in Denmark as a licensed bank (license no. 1149) and is regulated - along with Saxo Bank A/S London - by the Danish Financial Supervisory Authority (FSA) - Finanstilsynet, Gl. Kongevej 74A, 1850 Frederiksberg C. Further details regarding the Danish FSA and Saxo Bank's license may be viewed at www.ftnet.dk