London GMT New York Tokyo Moscow
Premium Calculator
TOP Rebates *
* Rebate per 100,000 EUR/USD lot

Changes in cash indices pricing

February 22, 2017

Dear Traders,

We'd like to inform you that starting from Monday session opening on 27 February 2017, the minimum price increment (tick size) on the following cash index CFDs will be 0.01, i.e.:

MT4 symbols

Old tick size

New tick size

New tick size value

[CAC40], [CAC40]-Pro

0.1

0.01

1 cent euro

[DAX30], [DAX30]-Pro

0.1

0.01

1 cent euro

[DJI30], [DJI30]-Pro

1.0

0.01

1 cent

[FTSE100], [UK100]-Pro

0.1

0.01

1 penny

[JP225], [JP225]-Pro

1.0

0.01

10 sen

[NQ100], [NQ100]-Pro

0.1

0.01

1 cent

[SP500], [SP500]-Pro

0.1

0.01

1 cent

[STOXX50], [STX50]-Pro

0.1

0.01

1 cent euro

There are two reasons for these amendments:

  1. For us as a broker, this provides a possibility of further spread reductions, with minimum spreads going below a full index point and price increments below 1/10 of an index point.
  2. For you as a trader, this provides a possibility to accurately manage your Volatility Protection Settings since this functionality requires you to indicate all input values using the minimum price increment units (ticks). After these changes, you will be able to indicate the acceptable slippage range or the range of order cancellation on gaps using an input unit applicable to all cash index CFDs. For example, a value of 300 will mean a price change by 3.0 full index points either for CFDs on [DAX30] and [DJI30].

Please be advised to review your Volatility Protection Settings in your Trader's Room before the above changes take place.

As always, should you have any questions, please do not hesitate to contact your account manager or our customer support service.

Kind regards,

Admiral Markets

back
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Risk Warning. Privacy Policy. Registration Agreement.