Indices Market Information

Minimum bet for all indices is £1 per point.

   Index Quoting Hours Spread NTR** GSO* Premium   
GERMANY30 07:01 - 16:30 1 30 2
16:30 - 21:00 2
GERMANY30 FUTURE 07:01 - 16:30 2 80 N/A
16:30 - 21:00 3
JAPAN225 FUTURE 23:01 - 14:30 12 80 N/A
14:31 - 21:00 12
21:00 - 21:15 12
21:31 - 22:00 12
NDQ100 23:01 - 14:30 1 12 2
14:31 - 21:00 0.5
21:00 - 21:15 1
21:31 - 22:00 1
NDQ100 FUTURE 23:01 - 14:30 2.5 12 N/A
14:31 - 21:00 2
21:00 - 21:15 2.5
21:31 - 22:00 2.5
NIFTY50 FUTURE 02:00 - 11:10 7 50 N/A
UK100 01:00 - 08:00 7.8 25 2
08:00 - 16:30 0.8
16:30 - 21:00 1.8
UK100 FUTURE 01:00 - 08:00 8.5 30 N/A
08:00 - 16:30 2
16:30 - 21:00 3
US30 23:01 - 14:30 2.8 50 3
14:31 - 21:00 0.8
21:00 - 21:15 2.8
21:31 - 22:00 2.8
US30 FUTURE 23:01 - 14:30 5 50 N/A
14:31 - 21:00 3
21:00 - 21:15 5
21:31 - 22:00 5
US500 23:01 - 14:30 0.4 50 2
14:31 - 21:00 0.4
21:00 - 21:15 0.4
21:31 - 22:00 0.4
US500 FUTURE 23:01 - 14:30 0.5 50 N/A
14:31 - 21:00 0.5
21:00 - 21:15 0.5
21:31 - 22:00 0.5
USD INDEX FUTURE 01:01 - 22:00 8 50 N/A

    
For all indices 1 point movement in the Index price equals 1 stake point except for US500 and US500 future where 0.1 point movement in the Index price equals 1 stake point.

*GSO = Guaranteed Stop Order

**NTR = Notional Trading Requirement

ADDITIONAL INFORMATION

SPREADS

Our tightest spreads are available up to a maximum of £50 a point after which the spreads increase on a sliding scale basis.

Spread sizes for bets over £50 per point

UK100: £51-£100 spread is 1.0, £101-£200 spread is 1.5 and £201-£500 spread is 2.5.

US30: £51-£100 spread is 1.5, £101-£200 spread is 2.5 and £201-£500 spread is 5. 

SPREAD CO QUOTING HOURS

Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.

*US markets close at 21:15 on Friday

DIVIDEND ADJUSTMENTS

If an Index position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 90% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.

FINANCING

If you hold a long index position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over a weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.

The adjustment is calculated below. Financing charges/credits are a function of four variables:

  • Closing Price
  • Financing Interest Rate
  • Days to Finance
  • Days in Financial Calendar Year (360 or 365) depending on the instrument

IMPORTANT NOTICE : Spread Co does not charge financing for holding short index and equities positions nor does Spread Co charge financing on futures contracts.

More information and examples on financing

GUARANTEED STOP ORDER RULES
  • Notional Trading Requirement value is equal to Guaranteed Stop Order (GSO) distance from current price multiplied by your stake.
  • Where a GSO is triggered as a result of a dividend payment or other action, it will be filled at the higher of either the opening price or the previous closing price minus the dividend/corporate action amount.
ROLLOVER OF FUTURE POSITIONS
  • Spread Co uses the mid price to close positions in the current contract and re-opens the new position again using the mid price for the next contract month.
  • Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending whether a long or short position is held.
  • Additional charges from executing in the underlying market incurred by Spread Co may be passed on to you.

Minimum contract size for all indices is 1. Except for US500, US500 Future and JAPAN225 where the minimum contract size is 10.

   Index Quoting Hours Spread Margin
GERMANY30 07:01 - 16:30 2 0.50%
16:30 - 21:00 3
GERMANY30 FUTURE 07:01 - 16:30 3 1%
16:30 - 21:00 4
JAPAN225 FUTURE 23:01 - 14:30 12 1%
14:31 - 21:00 12
21:00 - 21:15 12
21:31 - 22:00 12
NDQ100 23:01 - 14:30 1.5 0.50%
14:31 - 21:00 0.5
21:00 - 21:15 1
21:31 - 22:00 1
NDQ100 FUTURE 23:01 - 14:30 2.5 1%
14:31 - 21:00 2
21:00 - 21:15 2.5
21:31 - 22:00 2.5
NIFTY50 FUTURE 04:45 - 11:10 7 1%
UK100 01:00 - 08:00 8 0.50%
08:00 - 16:30 1
16:30 - 21:00 2
UK100 FUTURE 01:00 - 08:00 9.5 1%
08:00 - 16:30 2.5
16:30 - 21:00 3.5
US30 23:01 - 14:30 4 0.50%
14:31 - 21:00 2
21:00 - 21:15 4
21:31 - 22:00 4
US30 FUTURE 23:01 - 14:30 5 1%
14:31 - 21:00 3
21:00 - 21:15 5
21:31 - 22:00 5
US500 23:01 - 14:30 0.4 0.50%
14:31 - 21:00 0.4
21:00 - 21:15 0.4
21:31 - 22:00 0.4
US500 FUTURE 23:01 - 14:30 0.5 1%
14:31 - 21:00 0.5
21:00 - 21:15 0.5
21:31 - 22:00 0.5
USD INDEX FUTURE 01:01 - 22:00 8 0.50%


ADDITIONAL INFORMATION

SPREAD CO QUOTING HOURS

Spread Co’s quoting hours are expressed as London time. These are Spread Co’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co informs clients of any changes to market hours via email.

*US markets close at 21:15 on Friday

DIVIDEND ADJUSTMENTS

If an Index position is held the day before an ex-dividend event and after Spread Co’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co pays out 90% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.

FINANCING

If you hold a long Index position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over a weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.

The adjustment is calculated below. Financing charges/credits are a function of four variables:

  • Closing Price
  • Financing Interest Rate
  • Days to Finance
  • Days in Financial Calendar Year (360 or 365) depending on the instrument

IMPORTANT NOTICE: Spread Co does not charge financing for holding short index positions nor does Spread Co charge financing on futures contracts.

More information and examples on financing

ROLLOVER OF FUTURE POSITIONS
  • Spread Co uses the mid price to close positions in the current contract and re-opens the new position again using the mid price for the next contract month.
  • Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending whether a long or short position is held.
  • Additional charges from executing in the underlying market incurred by Spread Co may be passed on to you.
 
 
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Spread Co Limited is a limited liability company registered in England and Wales with its registered office at 22 Bruton Street, London W1J 6QE. Company No. 05614477. Spread Co Limited is authorised and regulated by the Financial Conduct Authority. Register No. 446677.

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