At Mt.Cook you can now easily trade some of the largest global companies in the world, across European, American, Asian, and Australian equity markets, using CFD Indices.
CFD Stock Indices uniquely allow you to trade a wide overview of a nation's economy without having to pick individual stocks.
Prime conditions. Trade with leverage. Go long or short. Low costs. Hedge your positions. Micro contract sizes.
What are Stock Index CFDs?
An index is a collection of stocks that represent a particular industry or a nation's economic market sector. When you buy or sell a Stock Index CFD at Mt.Cook, you are taking a position (long or short) in the underlying stock market that the Index represents.
Many traders are closely dialed in to the big U.S., European, and Asian stock indexes. Even novice traders may have likely heard of the main indexes that often get quoted in the news and financial forecasts. Most of the G8 nations and many emerging economies have at least one financial index. Examples of closely watched indexes around the world include the S&P 500, FTSE 100, Dow Jones Industrial Average, Nikkei 225, and DAX.
Stock Index CFD Specifications
Click below to find a full listing of our Stock Index CFDs available for trading and their specifications.
Since indices are typically quoted as a reference value, they usually can’t be traded directly. You need a financial instrument such as our CFDs in order to easily trade them.
You can trade our CFD Indices both long and short, by taking a position on our trading platforms just as you would with any other instruments. The CFD form is the most popular way to trade Stock Index’s.
The performance of the Index CFD itself depends on the combined performance of the companies which make up that particular Index. If companies within an Index see a general increase in value, the Index will also see an increase. Likewise, if the companies within an index see a general decrease in value the Index will decline in value as well.
2. How are Stock Index CFDs quoted?
Most Stock Index CFD markets are quoted in points, rather than in general currency terms, and then NOTIONALLY valued in the underlying currency belonging to the corresponding index. For example, S&P 500 US Index points are valued in US dollars, while DAX points are valued in Euros. Some smaller index’s may also be valued in US dollars, and thus it is best to check our CFD specifications above for exact specs for each Index you wish to trade.
3. Why Trade Stock Index CFDs at Mt.Cook?
Trading indices is a popular alternative to trading the individual shares that make them up in the more traditional way. This gives traders the ability to trade a wide group of companies and reduce the risk of being exposed to any individual company.
Trading a nation’s largest Indices is very popular among traders to position their exposure in relation to a nation’s economic outlook. For example the S&P 500 index includes the stocks of 500 top-traded companies in the United States. This index comprises over 70% of the overall financial value of the entire US stock market, thus the index delivers a good birds eye view to the overall state of the American stock market (and economy) as a whole.
Mt.Cook’s CFD pricing is some of the most competitive in the industry.
4. Which feed has a larger Index CFD offering, DMA or ECN?
Our DMA liquidity source has a larger amount of CFD Stock indices to trade, while our ECN liquidity source offers only the top largest ones. Please check our CFD specifications documents above for details on the offering from both liquidity streams.