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Contracts specifications

Parameters

Data

Symbol represents the stock ticker that is basically a report of certain financial entities in the trading platform — it is updated continuously throughout the trading session.
Typical Spread — it represents the regular value of a floating spread during a typical market environment. In the case of cash indices—the regular value of a spread during the trading hours of a stock index). Spread is measured in pips.

The term “Pip” is used for Forex instruments quoted to the fifth place after the decimal point (e.g. AUDJPY – 1.08052). One pip equals a price increment of exactly 0.00010.

  • For instruments quoted to the third place after the decimal point (e.g. AUDUSD – 115.521), one pip equals a price increment of precisely 0.010.
  • In the case of spot metals, one pip equals a price increment of exactly 0.01.
  • For cryptocurrencies and indices, one pip equals to a price increment of precisely 1.0.
  • In the case of other instruments, one pip equals a Tick Size.
Commission represents the total fee for changing the state of a position (opening or closing it).
Leverage is, essentially, an account boost for the trader’s capital, allowing him to open a higher position (e.g. leverage 1:100 means that a $10,000 contract needs only a $100 margin).


autobitxtrade provides our clients with the opportunity to trade CFDs on the FTSE 100 index. This index is calculated by the FTSE Group independent company that directly owned by the Financial Times agency and the London Stock Exchange (hence the second name of #UK100 – FTSE 100).

The UK100 is a market-capitalization weighted and float-adjusted stock market index of 100 United Kingdom top-performing companies listed on the London Stock Exchange. It is important to note that the information provided above depends largely on Dynamic Leverage. Do remember to adhere to the Specifications page if you are interested in finding out more.

autobitxtrade always provides its client with assistance in CFD trading via the UK100 Index. On this index webpage, clients will have the chance to review the live display.

The information provided will give them the necessary tools to purchase or sell CFDs with the autobitxtrade team. For those who wish to bring variety to their trading portfolios, there is a great opportunity to do so with the price variations of UK100. This will aid traders by showing the highs and lows of the daily trading activity.

Begin your trading journey by registering for your own autobitxtrade account. This option may be found when choosing the ‘Register’ tab located at the top of the webpage.

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