Range of Markets

Financial CFD Markets Explained

We have collated a detailed description of all our financial CFD markets, providing you with detailed market and trade information plus descriptions to explain more about each particular instrument.

Hong Kong 50, Dec

indices - HongKong50
Index
From 20
(Shares only)
50
27/12/2024
0115-0400
0500-0830
0915-1900
0.01
1
None
NTR: Contracts % *
0 - 10
.50
10 - 20
2.50
20 - 41
5.00
41 +
15.00
Limited Risk NTR: Contracts % *
0 - 20
10.00
20 +
15.00
Spread Premium: Contracts Multiplier
0 - 10
1
10 - 20
2
20 - 61
3
61 +
20
Monthly

*When placing a new trade the NTR Multiplier is calculated from the mid-point of the current price. E.g. if a share is currently trading at 199.7 – 200.3 with an NTR multiplier of ‘10% of the current price’ then the NTR Multiplier at that time will be 20 (10% of 200). Once you have an open position in a market, if that position is a buy it will be marked to the current bid price and therefore the NTR Multiplier will be calculated from the bid price. If the position is a sell it will be marked to the offer price and therefore the NTR Multiplier will be calculated from the offer price. Please note this means that NTR Multipliers will vary as the price and bid-offer spread of the market moves.

Market Description

The Hang Seng Index is a market-capitalisation weighted and float-adjusted index tracking the performance of 48 constituents who represent around 60% of capitalisation of the Hong Kong Stock Exchange. It was created in 1969 by banker Stanley Kwan with a base of 100 points and is currently compiled and maintained by Hang Seng Indexes Company Limited.

Its all-time high, set on October 30, 2007, was 31,958.41 points during trading and 31,638.22 points at closing. However, by October 27, 2008, the index had fallen to 10,676.29 points, a contraction of nearly two-thirds from its all-time peak.

If you want to trade CFD's based on movements of the Hang Seng with Spreadex, you can trade a product known as the Hong Kong HSI.
Spreadex also offers a near Hong Kong HSI future contract.

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