AFB offers trading in the most traded stock indices world wide The Dow Jones index, E-mini S&P 500 and E-mini NASDAQ 100.Get benefit from trading equity indexes futures products as these indexes cover the small-, medium- and large-cap companies in the U. S.

Benefits of trading Stock Indices:

• Have the ability to invest in the US Market and get advantages of the global market exposure.
• Investing into indices with very little capital and benefit from all market movements

Specification:

Product Name	Symbol	Contract Size	Spread	Order	Minimum Fluctuation	Margin	Months Traded	Trading Hours (GMT)
E-Mini NASDAQ 100	NQ	USD 20 * Nasdaq100 Index value	Market Spread	5 pips	0.25 tick = $5	1,000 USD	Mar, Jun, Sep, Dec. Mar, Jun, Sep, Dec.	Sun Open: 22:00 – 20:15 Reopen: 20:30 – 21:30 Reopen: 21:00 – 20:15 Fri Close: 20:15
E-Mini S&P 500	ES	USD 50 * S&P 500 index value		5 pips	0.25 tick = $12.5	1,000 USD
Dow Jones	YM	Dow Jones index value		10 pips	1 tick = $10	1,000 USD

 

Examples:

Example 1: buying E-mini S&P 500 Future Contract

A client believes that the E-mini S&P 500 index will rise; market now is 1408.00 / 1408.50. The client buys 3 lots at 1408.50. As expected the index rises and now its 1414.00/1414.25
. The client decides to sell 3 lots (close his positions) at 1414.00. To calculate his profit we should do the following:

(Closing price – opening price)  - (1414.00 – 1408.50 = 5.5 points)

(Tick value * 5.5) /minimum fluctuation = (12.5 *5.5) / 0.25 = 275 * 3 (No. of lots) = 825

So the gross profit for this trade is 825 $

 

Example 2: Buying E-mini NASDAQ 100 Future Contract:

A client believes that the E-mini NASDAQ 100 index will rise; market now is 1912.00 / 1912.50. The client buys 4 lots at 1912.50. As expected the index rises and now its 1925.75/1926 .The client decides to sell 4 lots (close his positions) at 1925.75. to calculate his profit we should do the following :

(Closing price – opening price)  - (1925.75– 1912.50= 13.25 points)

(Tick value * 13.25) /minimum fluctuation = (5 *13.25) / 0.25 = 265*4 (No. of lots) = 1060

So the gross profit for this trade is 1060 $

 

Example 3: Selling Dow Jones index Future Contract:

A client believes that the Dow Jones index will fall; market now is 13440 / 13442. The client sells 3 lots at 13440. Unfortunately the index rises and now its 13510 / 13511.The client decides to buy 3 lots (close his positions) at 13511. To calculate his loss we should do the following:

(Closing price – opening price)  - (13511-13440= 71 points)

(Pip value * 71*No. of lots = (10 *71*3 = 2130

So the gross loss for this trade is 2130 $