Swiss Market (SMI) Index CFD
Swiss Market (SMI) Index CFD ({{name}}): Real-time quotes and charts
What is Swiss Market (SMI) Index CFD ({{name}})
Here at FxPro, weâre delighted to offer our clients the opportunity to trade CFDs on Swiss Market Index (SMI). This is a key Swiss stock index that includes the 20 largest companies with shares traded on the SSE. The calculation of SMI Index was started on June 30, 1988, at the level of 1500 points. The composition of the index is revised once a year. At the moment, the share of SMI20 on the Swiss stock market is more than 85%. The list of companies included is divided into the following categories: banks, insurance companies, investment, healthcare industry, biotechnology, business consulting, and the real sector (electronics, oil equipment manufacturing, food processing). The peculiarity of SMI is that almost all of its members provide consulting services. Actually, futures is a standardized forward contract to buy or sell an asset at a predetermined price at a specified time, known as an expiration date. If you want to diversify your traderâs portfolio invested in non-correlated asset class, take a closer look at the price fluctuations of the Swiss Market Index (SMI).
On this page, you can take a look at the live chart to make your own responsible decision to buy or to sell CFD (Contract for Difference) on futures on this index through the FxPro trading platforms. To start trading, open your FxPro Direct account by clicking the âRegisterâ button at the top of this page. Several convenient top-up methods with 0% commissions are available.
Handelsvoorwaarden
* Alleen als Margeniveau > 100%
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
De bovenstaande spreads zijn van toepassing onder normale handelsomstandigheden. FxPro heeft het recht om de bovenstaande spreads in overeenstemming met de marktomstandigheden volgens de âAlgemene Bedrijfsvoorwaardenâ aan te passen.
How we execute Indices CFDs
When you open a CFD position on indices with us, it will be aggregated and matched with other FxPro clientsâ positions in the same market. Any excess exposure from our predefined in-house limits is hedged with our liquidity providers.
FxPro Bedrijfsvoering
Price adjustments may be applied to eliminate the impact on clientsâ trading accounts from a corporate action. Margin requirements may be subject to change before earnings announcements or any corporate action.
Dividends
If you hold an open position on shares or Indices at the start of the business day (Server Time 00:00), which coincides with the ex-date of the respective underlying asset, a dividend is paid (or charged in the case of short positions). For Buy positions, the payment will be net of any withholding tax implications.
Withholding taxes depend on the country where the stock is domiciled, and clients are responsible for reporting withholding taxes in their respective country of residence.