Indices Trading

Start indices trading with the best global multi-asset broker.

Trade indices with the best online trading platform

Welcome to the world of indices trading with OBO Holding Limited. Participate in indices price movements both during a rise and a fall with OBO Holding Limited, where you can trade CFDs on the world’s leading stock indices with a trusted global broker.

OBO Holding Limited offers comprehensive trading terms, accurate quotes from multiple suppliers, and versatile analytics for indices trading. Understanding index behavior requires attention to corporate news of included companies and industry-wide events.

Indices trading WITH OBO HOLDING LIMITED:
CONTRACT SPECIFICATIONS

OBO Holding Limited offers access to a wide range of stock indices, including Dow Jones Industrial Average (US30), NASDAQ or US Tech (US100), Standard & Poor’s or S&P 500 (US500), Financial Times Stock Exchange or FTSE 100 Index (UK100), Australia’s S&P/ASX 200 (AUS200), Germany Stock Market Index / Deutscher Aktien Index / DAX Index (DE40), France Stock Market Index / Cotation Assistée en Continu / CAC40 (F40), Spain Market Index / Iberia Index / IBEX (ES35), The EURO STOXX 50 (EU50), & Japan Nikkei 225 (JP225).

Plan your trades with confidence and optimize your indices trading experience by utilizing our detailed contract specifications. Explore our comprehensive contract specifications and gain a deeper understanding of our exceptional trading conditions including contract size, leverage, spreads, commissions, swaps, and more for different account types.

Indices trading with OBO Holding Limited: Trading conditions

Normal trading hours

Normal trading hours refer to the regular trading sessions available for trading. The schedule below shows the normal trading hours for stock indices available for trading with OBO Holding Limited.

Seasonal and market factors may affect the trading hours, so it is important to follow the latest updates on the Trading Hours page to stay informed about seasonal changes. All timings are in server time (GMT+2).

AUS200: Monday – Friday: 02:50 – 24:00
(Daily Break: 09:30 – 10:10)

DE40: Monday – Friday: 02:15 – 23:00

UK100: Monday – Friday: 01:00 – 24:00

F40: Monday – Friday: 09:00 – 23:00

EU50: Monday – Friday: 01:00 – 24:00

ES35: Monday – Friday: 10:00 – 21:00

JP225: Monday – Friday: 01:00 – 23:59

US30, US100, & US500: Monday – Friday: 01:00 – 24:00
(Daily Breaks: 23:15 – 23:30 & 00:00:01 – 00:59:59)

RUSS2000: Monday – Friday: 01:00 – 24:00
(Daily Break: 00:00:01 – 00:59:59)

Dividend adjustments

Dividends are paid by companies to shareholders as a means to distribute profits. After a share pays dividends, the price typically falls by the same amount.

Indices reflect the weighted average share price of a group of underlying shares. When one or more companies whose shares are part of an index pay dividends, the index price will also decrease by the weighted average value of the dividend(s).

Therefore, when trading CFD indices, dividend adjustments are applied to open indices positions when dividends are paid in the underlying market. It is important to follow the latest updates on Trading Notices pages to stay up to date with the upcoming dividend adjustments.

Spreads

OBO Holding Limited offers floating spreads on all indices for all account types. Hence, the spreads in the contract specifications table represent the average spread based on the previous trading day. For live spreads, please refer to the trading platform.

Please note that spreads may widen when the markets experience lower liquidity, including rollover time.

Chart prices

OBO Holding Limited offers a variety of trading accounts to suit each trader’s needs and preferences. We offer accounts with raw pricing on which additional commissions are charged. Other account types have no commission but instead have mark-ups incorporated in the prices.

By default, the chart in the MetaTrader trading platforms will display the raw pricing, while the market watch will display the pricing of the account type that the client is trading on.

Swaps

Swap long is used for keeping buy positions open overnight, and Swap short is used for keeping sell positions open overnight. Swaps occur at 23:59 Server Time each day, excluding the weekend, until the position is closed. Triple swaps are charged on Wednesdays to cover financing costs incurred over the weekend.

Dynamic leverage

OBO Holding Limited offers dynamic leverage on indices for most account types. The leverage values in the contract specifications table represent the maximum leverage for each trading instrument. The maximum leverage will change based on your net open positions. For more details, please check the Dynamic Leverage page.

Fixed leverage

OBO Holding Limited offers fixed leverage on some account types. In this case, the maximum leverage displayed in the contract specifications table will NOT change based on your net open positions. The fixed leverage applies to Cent & Micro account types.

Higher margin requirements

We apply risk management measures to protect positions from possible high volatility during key events and specific time periods that impact the general volatility of the market.

Higher amounts of margin are required to open an order during these periods, known as HMR (higher margin requirements) periods. The higher margin requirements will apply only to positions that are opened within these periods. The margin requirements of existing positions will not be affected.

Closing an open hedged position during HMR periods can fail if there is insufficient free margin to cover the higher margin requirements, specifically the higher margin requirements on the latter half of a hedged order at the time of closing.

The HMR periods include:

  • Economic News Periods: All forex trading that happens from 15 minutes before major news releases until 10 minutes after will be subject to higher margin requirements.
  • Weekends & Holidays: All forex trading that happens from 2 hours before markets closing on Friday and for 1 hour after market opening on Monday will be subject to higher margin requirements. The same rule applies to Trading Holidays.

Stop level

Stop level is the minimum distance (difference in pips) between the current market price and the pending order price. The stop level values in the contract specifications table are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors.

FAQ

What are stock indices in trading?

Stock indices serve as price indicators for a group of securities, representing a 'basket' of stocks with a common basis. Trading indices allows you to open positions on the performance of multiple stocks simultaneously.

What is index composition?

Why do stock indices act as investor indicators?

World indices act as powerful indicators for investors, offering insights into the direction of quotes within specific industries. Studying major indices helps understand how certain events impact securities' value.

Why do unexpected reactions occur in indices markets?

It's important to remember that the market reaction to economic news may not always align with expectations and forecasts. For example, when oil prices rise, it's logical to expect an increase in shares of oil companies. However, individual stocks may grow at different speeds or not respond at all. In such cases, spot indices help traders understand the overall market trend within that segment without assessing each company's position. Observing and trading indices provide insights into sector comparisons within the economy.

Trade with the best multi-asset broker