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New Cash instruments

We are glad to provide you with new trading tools which are available for trading: BRNCash, ESCash, FDAXCash, NKDCash, NQCash, YMCash, ZCash.

BRNCash - Brent Cash is a synthetic financial instrument whose value is calculated based on the value of the two nearest futures contracts by expiration date. 

  • One of the benefits lies in the fact that the instrument is not time-limited. There's no monthly expiration on it. It's calculated based on the value of the two nearest futures contracts by expiration date. 
  • Low spreads are another advantage. For example, the expected spread for the new instrument is 2-3 points, while it's 5-6 points for a traditional oil futures CFD.

At certain times, this instrument may have a very high SWAP commission (the cost of moving a position to the next trading day). The commission depends on the difference in the cost between the two closest oil contracts by expiration date on the exchange. 

Brent Oil Cash was created and exclusively exists for active day traders. 

ESCash - S&P 500 Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the American S&P 500 stock index nearest to their expiration dates. The index, in turn, includes 505 selected public companies with the largest capitalisation traded on US stock exchanges.

FDAXCash - DAX Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the German DAX 30 stock index nearest to their expiration dates. The index, in turn, is calculated as the average capitalisation-weighted value of the stock prices of the largest joint-stock companies in Germany.

NKDCash - Nikkei Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the Japanese Nikkei 225 stock index nearest to their expiration dates. The index, in turn, is calculated as the simple arithmetic average of the stock prices of the 225 most actively traded companies in the first section of the Tokyo Stock Exchange. 

NQCash - NASDAQ Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the American NASDAQ 100 technological stock index nearest to their expiration dates. The index includes the 100 largest companies by capitalisation whose shares are traded on the NASDAQ stock exchange.

YMCash - Dow Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the American Dow Jones stock index nearest to their expiration dates. The index, in turn, is calculated on the basis of 30 companies selected by S&P Dow Jones Indices LLC..

ZCash - FTSE Cash is a synthetic financial instrument whose value is calculated based on the value of several futures contracts on the British stock index FTSE 100 nearest to their expiration dates. The index, in turn, is calculated on the basis of the stock prices of the 100 companies with the largest capitalisation listed on the London Stock Exchange.

  • One of the main advantages is that these instruments are infinite in time. In other words, they don't expire on a monthly basis. 
  • Another advantage of synthetic instruments is significantly lower spreads compared to CFDs traded on this index. These instruments are better suitable for short-term trading.
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