Indices >> NIKKEI

Symbol NIKK - (NIKKEI Index)
Tick Size (Minimum Fluctuation): 1
Minimum Spread: 10 Points (10 Ticks)
Commission: FREE
Trading Hour (GMT+7): Daily trading hour(s) from 07:00 to 13:00
Daily Limit: -
Settlement Type: Cash
Auto Liquidation: 30% of Intra-day Margin
Auto Hedge: -
Financial/Swap Rate: Long: -6.0%
Short: -6.0%
Contract Size 10 20 30
Value per Tick: US$ 10.00 US$ 20.00 US$ 30.00
Intra-day Margin: US$ 1,000 US$ 2,000 US$ 3,000
Hedged Margin: US$ 1,000 US$ 2,000 US$ 3,000
Overnight Margin (Open Position): US$ 10,000 US$ 20,000 US$ 30,000
Swap Calculation: Contract Size * NIKK Closed Price * Swap Rate * Number of Contract(s) / 360
Example: Client buy 1 lot NIKK and leave it overnight, market price closed at 12833 on that day; Calculation: 10 * 12833 * -0.06 * 1 / 360 = -US$21.39
P/L Calculation: (Selling price - Buying price) * Contract Size * Number of Contract(s)
Example: Client buy 1 lot NIKK at 12833 Settle at 13028; Calculation: (13028 - 12833) * 10 * 1 = US$1,950.00