Menu
Spread Co Markets’s quoting hours are expressed as London time. These are Spread Co Markets’s customary business hours, however these may vary where there is a market holiday or when daylight saving applies. Spread Co Markets informs clients of any changes to market hours via email.
*US markets close at 21:15 on Friday
If an Index position is held the day before an ex-dividend event and after Spread Co Markets’s end of day cut off, it will be adjusted for the weighted effect of any stock dividend within the index. Spread Co Markets pays out 90% of the dividend for long UK positions, 85% for long US positions and charges 100% for short UK and US positions.
If you hold a long Index position overnight your position will be subject to a finance adjustment shortly after the end of day cut off (10pm). Charges are calculated on each individual position, not on a net position. Positions held over a weekend will incur a three day adjustment. If there is a market holiday an adjustment will be made for an additional day.
The adjustment is calculated below.
Closing Price
Financing Interest Rate
Days to Finance
Days in Financial Calendar Year (360 or 365) depending on the instrument
IMPORTANT NOTICE: Spread Co Markets does not charge financing for holding short index positions nor does Spread Co Markets charge financing on futures contracts.
Spread Co Markets uses the mid price to close positions in the current contract and re-opens the new position again using the mid price for the next contract month.
Positions above standard size will be rolled at relevant bid/offer prices at the time of the roll depending whether a long or short position is held.
Additional charges from executing in the underlying market incurred by Spread Co Markets may be passed on to you.
| Index | Quoting Hours | Fixed Spread | Margin |
|---|---|---|---|
| GERMANY30 | 07:01 – 16:30 16:30 – 21:00 | 2 3 | 0.50% |
| GERMANY30 FUTURE | 07:01 – 16:30 16:30 – 21:00 | 3 4 | 1% |
| JAPAN225 FUTURE | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 22:00 | 12 12 12 12 | 1% |
| NDQ100 | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 22:00 | 1.5 0.5 1 1 | 0.50% |
| NDQ100 FUTURE | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 22:00 | 2.5 2 2.5 2.5 | 1% |
| NIFTY50 FUTURE | 04:45 - 11:10 | 7 | 1% |
| UK100 | 01:00 - 08:00 08:00 - 16:30 16:30 - 21:00 | 9.5 2.5 3.5 | 1% |
| US30 | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 21:00 | 4 2 4 4 | 0.50% |
| US30 FUTURE | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 22:00 | 5 3 5 5 | 1% |
| US500 | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 22:00 | 0.4 0.4 0.4 0.4 | 0.50% |
| US500 FUTURE | 23:01 - 14:30 14:31 - 21:00 21:00 - 21:15 21:31 - 22:00 | 0.5 0.5 0.5 0.5 | 1% |
| USD INDEX FUTURE | 01:01 - 22:00 | 8 | 0.50% |
Spread Co Global Markets Limited. Registered Office Address: 89 Nexus Way, Camana Bay, Grand Cayman KY1-9009. Registered in Cayman Islands. Registered No: 345284. Authorised and regulated by the Cayman Islands Monetary Authority, License No: 1522673.
© Copyrights 2020 Spread Co Global Markets Limited
Contracts for difference carry a high degree of risk to your capital and it is possible to lose more than your initial deposit. These products may not be suitable for everyone, so please ensure you fully understand the risks involved and seek independent advice if necessary..