The CHN50's underlying instrument is the SGX FTSE China A50 Future. The China A50 is an index of the largest 50 A Share companies by full market capitalization of the securities listed on the Shanghai and Shenzhen stock exchanges.
Margin Requirement's may differ depending on account type and can be viewed in the dealing rates and create order windows on the trading station or by clicking here.
Please click here for trading hours. Please note, however, that hours are subject to change based on Daylight Savings Time. FXCM’s Index Products do not expire, but FXCM indices will not be open for trading during holidays in which the reference markets are closed.
The CHN50 has a target spread of 15 pips/points.
Max Contract Size
The maximum number of contracts per click (trade) for the CHN50 is 100
Minimum Pip Cost (Value)
The CHN50 has a minimum value of 0.1 USD per point (Your per point value may be different if your account is denominated in a different currency. Please refer to the Simple Dealing Rates Window in Trading Station for this value).
The pip/point location is shown below. Each 1.0 price movement on the CHN50 is 1 pip/point. FXCM’s pricing displays additional decimal places - ideal for scalpers in a fast-moving market.
Number of FXCM Contracts to Equal 1 Future
10 FXCM CHN50 Contracts are currently equivalent to 1 SGX FTSE China A50 Future.
The CHN50 does have financing cost (Rollover). For further information regarding financing costs, click here. Applicable to most cash indices, dividend adjustments will apply on the eve of the ex-dividend date of the constituent members of the relevant Index. The adjustment will appear on your statement. For further information regarding dividends click here.
With FXCM’s new Enhanced Execution, there is no minimum stop distance for CHN50.