Trade CFDs on Financial Futures
Deltastock quotes CFDs on the following financial futures: US Dollar Index (DX), Volatility Index Futures (VIX), MSCI Singapore Index (SSG).
Contracts for Differences (CFD) are tradable financial instruments which entitle you to the rights derived from the ownership of Stocks, Indices, Crude Oil Futures etc., without actually possessing the underlying assets.
Please note that due to regulatory restrictions, CFDs on Financial Futures shall not be offered to US residents.
Trading Conditions
CFDs on US Dollar Index (DX)
Deltastock quotes CFDs on US Dollar Index Futures with the closest expiry date; the code in Delta Trading™ is DX. At 11:00 ЕЕТ on the previous business day before the futures expiry date, Deltastock AD will close all open positions and will cancel all placed orders for that instrument. The positions will be closed at the average price between the “BID and “ASK” prices.
The U.S. Dollar Index Futures is a leading benchmark for the international value of the US dollar and the world's most widely-recognized, publicly-traded currency index. By using the Dollar Index, traders can take advantage of moves in the value of the US dollar relative to a basket of 6 world currencies or can hedge their portfolio of assets against the risk of a move in the US dollar in a single transaction.
| Currency | Weight (%) |
| Euro (EUR) | 57.60 |
| Japanese yen (JPY) | 13.60 |
| Pound sterling (GBP) | 11.90 |
| Canadian dollar (CAD) | 9.10 |
| Swedish krona (SEK) | 4.20 |
| Swiss franc (CHF) | 3.60 |
CFDs on CBOE Volatility Index (VIX)
Deltastock quotes CFDs on CBOE Volatility Index Futures with the closest expiry date; the code in Delta Trading™ is VIX. At 19:00 EET on the previous business day before the futures expiry date, Deltastock AD will close all open positions and will cancel all placed orders for that instrument. The positions will be closed at the average price between the “BID and “ASK” prices.
The CBOE Volatility Index (VIX) was introduced in 1993 by the Chicago Board of Options Exchange (CBOE), and it is now considered the benchmark for stock market volatility.
The VIX measures the market's expectation of 30-day volatility and is based on real-time S&P 500 index option prices. During periods of financial stress, which are often accompanied by steep market declines, option prices and the VIX - tend to rise. As investor fear subsides, option prices tend to decline, which in turn causes VIX to decline. It is important to note, however, that past performance does not necessarily indicate future results.
CFDs on MSCI Singapore Index (SSG)
Deltastock quotes CFDs on MSCI Singapore Index Futures with the closest expiry date; the code in Delta Trading™ is SSG. At 11:00 EET on the previous business day before the futures expiry date, Deltastock AD will close all open positions and will cancel all placed orders for that instrument. The positions will be closed at the average price between the “BID and “ASK” prices.
The MSCI Singapore Index comprises of stocks traded on the Singapore Exchange. The Singapore Index, represents about 50% of the underlying Singapore stock market, this Singapore stock index futures has a high correlation of about 95% with the Singapore Straits Times Index (STI).
The index has a total of 29 components, which are revised quarterly. It is capitalization-weighted, free float-adjusted. The top 10 stocks of the index are listed below as of 11 December, 2009.
| Security Name | Weight (%) |
| DBS GROUP HOLDINGS | 12.33 |
| UNITED OVERSEAS BANK | 11.76 |
| SINGAPORE TELECOM | 11.72 |
| OCBC BANK | 10.77 |
| CAPITALAND | 5.20 |
| KEPPEL CORP | 5.09 |
| WILMAR INTERNATIONAL | 3.96 |
| SINGAPORE AIRLINES | 3.56 |
| SINGAPORE EXCHANGE | 3.35 |
| SINGAPORE PRESS HLDG | 2.82 |
Margin
CFDs on financial futures are traded at a 1% margin in Delta Trading.
Trading Hours
Information on the trading hours of each financial future can be found here.
Calendar
A calendar of the financial futures can be found here.
Diverse Trade Orders
CFDs on financial futures can be traded using the following order types – Market, Limit, Stop, OCO, Trailing Stop, Click & Deal.
CFDs on Financial Futures in Delta Trading
CFDs on financial futures are traded via the Desktop, Web, Mobile and WAP versions of the Delta Trading platform. For more information review the Delta Trading Comparison Table.
Financial futures CFD symbols can be added in the CFD window of the Delta Trading platform by clicking on the Add Instrument option. Once the Add Instrument window is opened, you may either type the name of the future in the Search field or select it underneath from the section “Futures”.
Free Practice Account
Deltastock recommends traders, who don’t have any experience in trading CFDs, to Open a Free Practice Account before starting to trade live.
The demo version of Delta Trading is identical with the one used for live trading. It is recommended that traders, who do not have any experience in trading on margin, visit the Education section of our website..
Risk Disclosure: Deltastock AD informs its clients that trading on margin carries a high degree of risk. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. The high degree of leverage magnifies your gains as well as your losses.