Indices trading

With most CFDs, financing is debited for long positions or credited for short positions daily if you are in a position at 5pm ET.

These charges are typically calculated as follows:

F=(S x P x R)/D

• F - Daily Financing Charge
• S - Number of CFDs (2500)
• P - Closing Price
• R - Relevant 1-month LIBOR rate, +250 basis points for long positions or -250 basis points for short positions, e.g. (4.50% + 2.50%) = 7.00%
• D - Number of days, i.e. 365 for UK shares and 360 for all others

Read more about our trade prices

Prices of indices are determined by the movements of the shares it tracks. Here are a few factors to watch out for when deciding what might move stock markets:

• The political climate
• Company announcements
• Economic data
• Industry news

Learn more about what moves the prices of the world's biggest indices

Some of the major and most popular indices are:

• Dow Jones (Wall Street)
• S&P 500 (US SP 500)
• FTSE 100 (UK 100)
• DAX (Germany 40)
• Nikkei 225 (Japan 225)

The 7-Day US SP 500 and 7-Day US Tech 100 are standalone index cash CFD products that are available during standard weekday trading hours and remain open most of Saturday and Sunday, allowing you to react to geopolitical, economic, and market-moving events outside traditional exchange market hours. Trading pauses for a short period on Sunday before weekday market pricing resumes. 

When can I trade the 7-Day index markets? 

The 7-Day US SP 500 and 7-Day US Tech 100 CFDs are tradeable 7 days a week with the following trading breaks: 

• Sunday to Thursday: from 5 PM ET to 6 PM ET 
• Friday from 5 PM ET, reopening on Saturday at 4 AM ET 

Please review the Market Information Sheet on the platform for exact trading hours. 

How does pricing work? 

During standard market hours, pricing follows our standard index pricing methodology, which references the underlying markets. When the traditional index futures market is closed during the weekend, pricing is derived from alternative index reference markets and other relevant market information available to FOREX.com. Pricing adjustments may be applied to reflect differences between weekend reference markets and the traditional index market. When the traditional index futures market reopens, pricing returns to the standard pricing methodology. 

Weekend spreads may be wider than during standard market hours. In exceptional circumstances, trading may be restricted, paused, or made close-only. 

How do positions work for the 7-Day indices? 

The 7-Day US SP 500 and 7-Day US Tech 100 are separate markets from the standard US SP 500 and US Tech 100 CFDs. Positions, margin requirements, and profit and loss are managed independently, and positions in one market will not offset, transfer to, or roll into the other. 

Why might weekend prices differ from standard weekday prices? 

The traditional index futures market is closed during portions of the weekend. As a result, weekend prices are derived from alternative index reference markets, which may not move in the same way as the traditional market. The 7-Day index price may therefore differ from the final weekday price or from the price available when the traditional index futures market reopens. Trading during the weekend may allow clients to respond to market developments before the traditional index futures market reopens, but it does not eliminate the risk that prices may gap when the traditional markets reopen. 

What events can affect the 7-Day index prices during the weekend? 

Index prices can respond rapidly to developments affecting investor sentiment and expectations for economic growth, interest rates, corporate earnings, and broader financial markets. These may include major economic data releases, central bank announcements, geopolitical events, earnings results from large-cap companies, and other significant market-moving events. These may occur while the underlying futures market is closed and can result in significant price movements. 

Will financing charges apply? 

Yes. Financing is applied to the 7-Day index positions on a daily basis, including weekends. Positions held through the applicable financing cut-off may therefore be subject to a financing adjustment. Please refer to the Market Information Sheet for current financing information. 

Can stop-loss orders be triggered during the weekend? 

Yes. If a stop level is reached based on the price quoted for the 7-Day indices, the order will be triggered as usual. Execution will occur based on available prices in the 7-Day markets at that time. Orders associated with the separate standard US SP 500 and US Tech 100 markets will not be triggered by movements in the 7-Day markets. 

Can trading be restricted or suspended? 

Yes. In exceptional circumstances, including significant market disruption, problems with available reference prices, or other conditions where reliable pricing cannot be maintained, FOREX.com may restrict trading, make the market close-only or one-sided, temporarily suspending trading or withdrawing pricing. In extreme circumstances, you may be unable to close a position until reliable price formation resumes.