Indices & Financials Spreads
What are Spreads?
Spreads are the difference between the bid and ask price for the following forward contracts. SwissCay doesn’t charge any commission on CFDs forward contract trading.
Striving to offer the most competitive indices spreads is at the core of our best execution promise.
Cash Indices
| Symbol | Point Value | Target Spreads (In Points) | Average Spreads (In Points) | Limit & Stop Levels (In Points) |
|---|---|---|---|---|
| GER30 | €1 | 0.75 | Normal: 1.20 Night: 2.85 | 1 |
| UK100 | £1 | 0.45 | Normal: 0.91 Night: 3.28 | 1.5 |
| USA500 | $1 | 0.23 | Normal: 0.36 Night: 0.36 | 0.5 |
| USAIND | $1 | 0.9 | Normal: 1.58 Night: 4.65 | 2 |
| USATEC | $1 | 0.23 | Normal: 0.73 Night: 0.80 | 0.75 |
| FRA40 | €1 | 0.45 | Normal: 0.78 | 1.5 |
| EURO50 | €1 | 0.90 | Normal: 1.47 Night: 2.37 | 2 |
| ESP35 | €1 | 0.95 | Normal: 1.63 | 5 |
| BRA50 | 0.2 BRL | 5 | Normal: 18.50 | 15 |
| GERMID50 | €1 | 20 | Normal: 27.07 | 15 |
| USARUS | $1 | 0.27 | Normal: 0.29 | 0.4 |
| HKIND | 1 HKD | 4.5 | Exchange hours: 6.88 All other times: 10.12 | 12 |
Forward Indices
| Symbol | Point Value | Target Spreads (In Points) | Average Spreads (In Points) | Limit & Stop Levels (In Points) |
|---|---|---|---|---|
| GER30MMMYY | €25 | 0.5 | Normal: 1.75 Night: 2.82 | 1 |
| UK100MMMYY | £10 | 1 | Normal: 1.65 Night: 2.68 | 1.5 |
| USA500MMMYY | $50 | 0.25 | Normal: 0.56 Night: 0.56 | 0.5 |
| USAINDMMMYY | $5 | 1 | Normal: 2.52 Night: 5.10 | 2 |
| USATECMMMYY | $20 | 0.5 | Normal: 0.95 Night: 1.19 | 0.75 |
| BRA50MMMYY | R$0.2 | 5 | Normal: 13.22 | 15 |
| ESP35MMMYY | €10 | 5 | Normal: 5.22 | 5 |
| EURO50MMMYY | €10 | 2 | Normal: 2.30 Night: 2.96 | 2 |
| FRA40MMMYY | €10 | 0.5 | Normal: 1.09 | 1.5 |
| GERTECMMMYY | €10 | 5 | Normal: 7.08 | 5 |
| ITA40MMMYY | €5 | 10 | Normal: 12.41 | 10 |
| JP225MMMYY | $5 | 10 | Normal: 12.21 | 10 |
| NETH25MMMYY | €200 | 0.20 | Normal: 0.23 | 0.2 |
| SWI20MMMYY | CHF10 | 4 | Normal: 4.29 | 4 |
| USARUSMMMYY | $50 | 0.4 | Normal: 0.051 | 0.4 |
| USDINDMMMYY | $1000 | 0.01 | Normal: 0.01 | 0.01 |
Financials
| Symbol | Point Value | Target Spreads (In Points) | Average Spreads (In Points) | Limit & Stop Levels (In Points) |
|---|---|---|---|---|
| EUBBLMMMYY | €1000 | 0.020 | Normal: 0.02 | 0.02 |
| EUBTPMMMYY | €1000 | 0.02 | Normal: 0.03 | 0.03 |
| EUBUNDMMMYY | €1000 | 0.02 | Normal: 0.02 | 0.02 |
| EUSTZMMMYY | €1000 | 0.010 | Normal: 0.01 | 0.01 |
| USATBMMMYY | $1000 | 0.06250 | Normal: 0.08 | 0.0625 |
| USAVIXMMMYY | $200 | 0.15 | Normal: 0.18 | 0.15 |
| MINDOLMMMYY | R$10 | 1 | Normal: 1.15 | 0 |
*HKInd Cash index trading session between 02:15 and 22:00 CET covers the exchange traded session with Hang Seng Futures contract and times outside exchange hours.
During times outside exchange hours the trading spreads usually widen in line with the average spread reported in the table.
Exchange hours:
• 02:15 – 05:00 CET
• 06:00 – 09:30 CET
• 10:15 – 20:00 CET
