CFDs on Cash Indices
Matador Prime offers trading on CFD on major global cash indices.
We strive to provide traders with tight, competitive spreads and low margin requirements. However, there might be instances spreads and margins may vary with the market changes.
For more information about current trading conditions on CFD Cash Indices, please contact us.
Matador Prime offers trading with indices through the MetaTrader 4 platform with the following trading hours (GMT+2):
|Code||Trading hours||Break Time|
|SP500||Mon 01:00 – Fri 23:15||Daily from 23:15 until 23:30 and from 24:00 until 01:00|
|DowJones||Mon 01:00 – Fri 23:15||Daily from 23:15 until 23:30 and from 24:00 until 01:00|
|Nasdaq||Mon 01:00 – Fri 23:15||Daily from 23:15 until 23:30 and from 24:00 until 01:00|
|FTSE||Mon – Fri 09:00 – 23:00||None|
|DAX||Mon – Fri 09:00 – 23:00||None|
|CAC||Mon – Fri 09:00 – 23:00||None|
|EuroStoxx||Mon – Fri 09:00 – 23:00||None|
|IBEX||Mon – Fri 10:00 – 18:30||None|
|Nikkei||Mon – Fri 02:00 – 23:15||None|
|ASX||Mon – Fri 00:50 – 22:00
|Daily from 07:30 until 08:10|
Rollover interest for CFDs on cash indices
All open Index CFD positions at End-of-Day time (00:00 MT4 Time) are rolled forward to the next trading day:
- If you hold a long (buy) position, then you will be charged financing based on LIBOR plus 2.5% to roll the position;
- If you are short (sell), you may receive/be charged financing based on LIBOR minus 2.5%.
On Wednesdays, to account for holding a position into the weekend, rollover is 3X times as usual.
Dividends on CFDs on cash indices
Cash Index CFDs are made up of a group of stocks that may pay dividends throughout the year. This means that they are subject on dividend adjustments, when clients have opened positions at End-of-Day time (00:00 MT4 Time).
Dividends are paid to the client’s account for long positions in CFD on indices. Owners of short positions in CFD on indices will owe dividend, which will be deducted from their trading accounts.