Building on our reputation as the leading innovator in CFD trading, we are pleased to announce an exciting new way of trading foreign indices and commodities – Australian Dollar denominated CFDs.
For the first time you to will be able to trade a select group of international markets in Australian Dollars, allowing you to:
- Avoid currency conversions
- Avoid foreign exchange fluctuations
- Lock in your exposure in Australian Dollar terms
- Easily interpret your profit and loss
- Trade in lot sizes of AUD1/point
We have made our most popular overseas markets available, these include:
- FTSE 100 Cash
- Wall Street Cash
- Germany 30 Cash
- Japan 225 Cash
- Hong Kong Cash HS34
- China H-Shares Cash
- US SPX500 Cash
- India 50 Cash
- US Light Crude
- Spot Gold
- Spot Silver
Example
You BUY 5 contracts of AUD denominated FTSE 100 Cash at 5326. Your deposit requirement is A$200 per contract, or A$1000. When you sell your 5 contracts at 5378 the profit on the trade is 5 x 1 x (5378 - 5326) = A$260. Unlike traditional CFD contracts, there are no GBP currency conversions.
These markets are offered in addition to our Standard and Mini contracts. You can access them easily from the Navigation Pane or Search Function on PureDeal, our award-winning platform. For more information about the new AUD Denominated CFDs see the Contract Details section of our website.
Trade AUD Denominated CFDs with us today! Find out Why IG Markets is First for CFDs in the Australian Market.
07/10/08