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CFD & spreads - Nikkei, FTSE, Hang Seng

Chart Forum » Reviews » CFD & spreads - Nikkei, FTSE, Hang Seng

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mr01
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Username: mr01

Post Number: 1
Registered: 03-2005

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Wednesday, March 02, 2005 - 10:53 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Guys,
Anyone here had experience with a CFD vendors & their spreads on the Nikkei, FTSE, Hang Seng
I've had a look at CMC & it appears:
Nikkei = 40 pts
Hang Seng = 10 pts
FTSE = 4 pts

Any other CDF vendors who offer these indexes & any comments ? Interesting talking to a futures broker & discovering their spread on the Nikkei = 5pts, Hang Seng = 1pt

Cheers
Mark


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hilarius
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Username: hilarius

Post Number: 560
Registered: 04-2004

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Wednesday, March 02, 2005 - 01:41 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Good Afternoon

You may find different spreads when the relevant market is open compared to when it is closed

Please confirm ... but that is my impression with the FTSE at least ... and possibly it applies to others

Your feedback would be interesting

Hilarius


I come in peace to share my thoughts and to shine my candle light on possible long term opportunities

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mr01
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Username: mr01

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Registered: 03-2005

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Wednesday, March 02, 2005 - 02:20 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hilarious,
Spoke to IG after posting this question, their spreads are:

Hang Seng - 20 in hours, 40 out of hours
Nikkei- 20 in hours, 40 out of hours
FTSE- 2 in hours, 5 out of hours

Today the CMC spreads were:
Hang Seng - 10 in hours, 10 out of hours (curious ?)
Nikkei- 20 in hours, 40 out of hours
FTSE- 4 pts

I'm also curious about the Nikkei, I thought it didn't open until 7pm, but the CMC spread has dropped from 40 to 20 pts by 3pm AEST.

Also spoke to a futures broker who had a market spread of 5pts on the Nikkei (based on 5pt contract differences), & 1pt on the Hang Seng. If I'm going to lose 10pts each side on the Hang Seng I can't see the benefit of using CFD's other than lower margins, or am I missing something ?

Anyone used CFD's for these indexes & care to comment on the spreads ?

CHeers
Mark







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david_louisson
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Username: david_louisson

Post Number: 81
Registered: 02-2004

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Tuesday, June 28, 2005 - 05:27 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Sorry guys, somehow this thread escaped me until now.

With CMC, FTSE (UK100) spread is 2 inside of market hours, 4 outside.

David

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