A stock index is a measure of the combined value of a group of shares, for instance the top 100 shares on a particular stock market. When you buy and sell stock indices you are therefore taking a position on the health of a particular section of the global economy, without having to trade many different individual shares.
► the UK and the US
► France, Germany, the Netherlands, Spain and Switzerland
► Australia, China, Hong Kong, India and Japan
UK 100 (Rolling Daily) 6500-6501
You think that UK blue-chips are set to struggle, so you sell our UK 100 (Rolling Daily) as a spread bet for £10 per point at our sell price of 6500.
The index falls and our quote for UK 100 (Rolling Daily) is now 6019-6020. You close your position by buying £10 per point at 6020, for a profit of (6500 – 6020) x £10 = £4800.
One of the great advantages of trading stock indices with the InterTrader platform is that you can buy or sell many of our markets outside normal exchange hours. So if you think an index is going to open higher or lower you can simply trade it ‘overnight’.
For our complete list of indices please see our Market Info Tables