Gain exposure to the basket of instruments making up the index in just one trade. The world’s most popular Indices are available on all Agile Global Limited trading platforms.
Stock indices are weighted averages reflecting the collective value of publicly-traded companies from a market or industry sector. The change in value of an index represents the fluctuation of the company stocks that make the index.
An index goes up in price if the overall value of the stock shares rises, and will go down in the event the overall value of those companies’ shares decline.
Trade over large-cap Stocks CFDs across the ASX, NYSE and NASDAQ stock exchanges with superior execution and tight pricing exclusively on the Agile Global Limited MetaTrader 5 platform.
Traders can go long or short on a particular index. Traders go long when the stocks in that index market are likely to increase in the future, or go short if they think that the stock index is likely to drop in value.
A stock index is a hugely important part of our financial world, but it is nothing more than a number representing the top shares from a particular exchange.
From the above example, let us assume that the ex-dividend date for Index AUS200 is on the of 18th August 2016. Therefore, a client must have an open position for Index AUS200 before the 18th of August 2016 and it must remain open until the 18th August 2016, in order to have the dividend adjustment of $2.44 per lot. To determine if the dividend adjustment is added or deducted to the client’s account, will depend on whether it is a SELL or BUY on AUS200. If the client has 1 lot of BUY for AUS200, the client will be entitled $2.44 per lot. However, if it is a SELL of AUS200, the client will be deducted $2.44 per lot. The amount $2.44 per lot will be converted to the client’s base currency, before it is being deducted.
Since this is from index AUS200, the dividend adjustment will be AUD$2.44 per lot. Alternatively, if the index is US500, the dividend adjustment would be USD$2.44 per lot. Agile Global Limited EX- Dividends Excel sheet shows the expected Indices that will have their index points adjusted for the given week and the actual ex-dividend adjustment amount for each indices will be updated regularly on our blog, Ex- Dividends Adjustments.
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