Excerpt from: Spread Betting European Stocks
|
 |
| June 12, 2007 | | WIG 20 Stock Index Cash market now available from GFT Global Markets | There are many options available when spread betting. And GFT Global Markets is offering a new options for European spread bets: WIG 20.
WIG 20 is a Polish index: the Stock Index Cash market. This offers an opportunity to place spread bets on a financial instrument from on of Europe's emerging markets.
Here are the WIG 20 trading details:
|
Index
|
GFT Spread in (out of) market hours
|
IM Factor (Margin Req)
|
GFT Trading Hours
|
Basis of Price Used for Funding Charges
|
Minimum / Maximum Size (maximum out of hours)
|
† Tick Factor
|
Example Price
|
Currency
|
Guaranteed Stops (charge / minimum distance)
|
|
WIG20
|
10
|
4%
|
UK 08:00 - 15:30; Warsaw
09:00 - 16:30
|
GFT quote at 22:00 London
time
|
1 / 500
|
1 index point
|
3699.5
|
PLN
|
3 / 30
|
| | |
|
|