By Admiral Markets
Our last successful enhancement of CFD trading terms, inspired many customers to trade more volume and helped us win a prestigious customer-voted European award in the process.
We love pleasing our trading customers, so we’ve decided to improve our CFD terms even further – effective from Monday 18 July, 2016.
New maximum contract size on cash indices
All cash index instruments like [DAX30] and [DJI30], will be available for trading with contracts up to 100 lots i.e. a +100% increase. Our larger deposit customers have repeatedly requested this change, so we’ve made it happen.
New spreads, trading hours and rollovers
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We will also reduce typical spreads on crude oil and in-hours spreads on a number of cash indices.
But to make all this possible, we’ll need to make some additional changes like new trading hours plus swaps.
| Instrument | New spread, pips | Spread improved, % | New trading hours (EET) | New swaps, interest rate | |
| Short | Long | ||||
| BRENT | 0.03 | -50 | 01:00 Mon – 23:00 Fri, recess 00:00 – 01:00 | -0.1 | -1.4 |
| WTI | 0.03 | -50 | 01:00 Mon – 23:00 Fri, recess 00:00 – 01:00 | -0.1 | -1.4 |
| [DAX30] | Not applicable | Not applicable | Not applicable | -2.9 | -2.2 |
| [DJI30] | Not applicable | Not applicable | Not applicable | -2.1 | -2.2 |
| [ASX200] | 1.0 | -40 | 02:50 Mon – 23:00 Fri, recess 09:30 – 10:10 & 00:00 – 2:50 | -0.7 | -4.4 |
| [CAC40] | 1.0 | -10 | Not applicable | -2.9 | -2.2 |
| [FTSE100] | 1.0 | -10 | 03:00 Mon – 23:00 Fri, recess 23:15 – 23:30 & 00:00 – 03:00 | -2.0 | -3.0 |
| [NQ100] | 1.0 | -10 | 01:00 Mon – 23:00 Fri, recess 23:15 – 23:30 & 00:00 – 01:00 | -2.1 | -3.0 |
| [SMI20] | 4.0 | -20 | 09:00 – 23:00 Mon – Fri | -3.4 | -1.7 |
| [STOXX50] | 1.6 | -25 | Not applicable | -2.9 | -2.2 |
New cash index instruments
But it’s not all about enhancing our existing offers. We would also like to let you know that we are adding some new instruments. This time it will be CFDs on a number of German, Dutch, Norwegian and Belgian indices, which should interest those of you in Europe.
Please note that the new instruments will be offered to traders with an Admiral.Markets account on the AM-Live2 trade server, as we will no longer be adding new trading instruments to servers with former Admiral-Pro accounts (with distinct Pro postfixes in the instrument symbols). So if you are currently using Admiral-Pro, please open a new Admiral.Markets account instead and transfer your funds internally via the Trader’s Room.
Admiral Markets is all about putting you first. So if you have any questions or just want more info – please don’t hesitate to email, phone or visit us at one of our many local offices globally.
