Contracts for Difference (CFD) can reflect the price changes of stock or index and offer the profits or losses caused by price changes. Contracts for difference is the most familiar trading tool to Chinese residents and in Reuter's Financial Glossary it is defined as trading mode in which exchange of physical commodities or securities is not involved and only the balance between settlement price and contract price is used for cash settlement.
TigerWit's advantages in stock index and contracts for difference
TigerWit offers the trading categories on global mainstream stock markets, including such mainstream stock index products as US Dollar Index, Nikkei and European blue chip index.
High fund utilization rate
Margin level as low as 2% is offered
The extremely low entry threshold enables investors to take part without the need of tens of thousands of dollars that are needed by stock index futures.
TigerWit provides quotation of top banks, thus helping investors achieve price discovering.
Follow masters' move
TigerWit provides advanced and creative full-automatic order following system and gathers numerous investment masters with great profit-making capabilities. The investors have the ability to gain the earnings of the same proportion with the masters through following them. Masters can also gain more earnings through increasing their followers continuously.
How to achieve stock index trade in TigerWit?
An investor of TigerWit bought one lot of European blue chip index (eusbx50) around 10:00 am EST on October 22, platform time of TigerWit at the position of 3260 by EUR 65.
On the second day, the trade was closed at the position of 3440 around 14:00 pm EST on October 23. The earnings obtained by the client is 3440 – 3260 = EUR180 the yield rate of which is 180/65/100% = 276%
Introduction to TigerWit financial stock index
|Product code||Chinese name||Contract volume||Minimum contract unit (standard lot)||Maximum trading volume (lot)||Trading time (Beijing time)||Quotation time (Beijing time)||Product introduction|
|EUSTX50||欧洲上市股票50指数||1lot＝5contract||1||100||on Monday - on Thursday 15:00--05:00(next day) on Friday 15:00--04:45(next day)||on Monday - on Thursday 15:00--05:00(next day) on Friday 15:00--04:45(next day)||Also known as European blue chip index in Euro zone|
|GER30||德国dax指数||1lot＝1contract||1||100||on Monday - on Friday 09:05-23:00||on Monday - on Friday 09:00-23:00||Index of earnings obtained from 30 kinds of listed blue chip stock indexes in German.|
|JPN225||日经指数||1lot＝100contract||1||100||on Monday - on Friday 07:05--04:15(next day)||on Monday - on Friday 07:00--04:15(next day)||Index of 225 stocks listed in Tokyo Stock Exchange|
|NAS100||纳斯达克指数||1lot＝5contract||1||100||on Monday - on Friday 06:00--04:15(next day)||on Monday - on Friday 06:00--04:15(next day)||Index based on tech stock|
|US30||道琼斯指数||1lot＝1contract||1||100||on Monday - on Friday 06:00--04:15(next day)||on Monday - on Friday 06:00--04:15(next day)||Stock index of 30 major industrial enterprises of USA|
|USA500||标普500指数||1lot＝10contract||1||100||on Monday - on Friday 06:00--04:15(next day)||on Monday - on Friday 06:00--04:15(next day)||Stock index of 500 leading enterprises in USA|
|HK50||香港恒生50指数||1lot＝10contract||1||100||on Monday - on Friday 09:20--12:00,13:00--16:15||on Monday - on Friday 09:15--12:00,13:00--16:15||Hang Seng Midcap 50 Index (HK50) is acquired from the weighted average of the market value of 50 largest enterprises listed in Hong Kong Stock Exchange. The index includes 60% market value and involves well-known enterprises, such as HSBC Group, China Construction Bank and China Mobile|