什么是期货差价合约?

期货合同是买方和卖方对某个特定产品的标准化数量和质量进行交易的合同。A futures contract is a contract between two parties to buy or sell a specified asset of standardized quantity and quality for a price agreed today (the futures price or strike price) at a specified future date, the delivery date. Futures contracts enable investors to both hedge against underlying assets and / or speculate on the price movement of an asset. There is no physical delivery of contracts which are traded through FP Markets.

  • FP Markets offers DMA (Direct Market Access) CFD Futures which enables exposure to global futures exchanges from your CFD account.
  • Access all the major markets to gain exposure to a range of assets from the SPI and International Exchanges (Indexes) to commodities such as Oil.
  • CFD Futures have very low transaction costs, are highly liquid and as they are traded on regulated exchanges provide transparent pricing.

Indices

FP Markets offers a wide range of the world’s biggest Index products and, like all our products, with competitive pricing. Index products are a measure of a parcel of financial instruments performances. Most index products combine major stocks on an exchange and measure their performance as a whole to give a broad look at the market’s performance rather than being stock specific. Index CFDs suit traders for either hedging purposes or for those who do not wish to take a stance on a specific stock but a market in general. Another huge advantage is that Index products trade for almost 24 hours. Most consist of two small breaks a day but will trade continuously through until the weekend where they are closed Saturday and Sunday.

FP Markets Indices

In keeping with our strong belief in transparency FP Markets only offers competitive Index CFDs. At FP Markets we give our clients price feeds directly from these leading global futures markets. A list of the futures exchanges we provide are:

  • Sydney Futures Exchange
  • NYSE LIFFE
  • EUREX
  • CME
  • CBT

By giving our clients direct price feeds to these exchanges we provide access to tight spreads at a very low cost. You can trade popular index products such as FTSE 100, S&P 500, Dow Jones, NASDAQ, DAX and more from the one platform.

How Index CFDs Work

As explained, Index CFDs track a parcel of equities on any one exchange and their performance. As an example take the FTSE 100 CFD. In this case FP Markets’ prices quoted will match the underlying prices of EUREX. The FTSE 100 CFD contract tracks the performance of the top 100 blue chip stocks on the LSE. You could buy a contract if you thought the FTSE 100 would go up or you could sell it if you believe the market will go down. Each Point the index goes in your favour you gain £10 and each point the index goes against you the loss will be £10.

Buying FTSE 100

You decide that the FTSE 100 is going to rise over the next day or so based on your research. In this case to make a profit you have decided to buy one FTSE 100 contract. The FTSE 100 contract is the equivalent of £10 per index point.

The current quote for the FTSE 100 is 5300.5 – 5301.0. You wish to buy one contract at the offered asking price of 5300.0.

Opening Position – 5301.0 x 10 = £53,010

The day the FTSE 100 has risen and the current quote is 5360.0 – 5360.5. The trader decides to sell their FTSE 100 contract at the bid price of 5360.0 to close out the long position.

Closing Position – 5360.0 x 10 = £53,600

Profit/Loss = £600

Make note that the standard commission on this would have been £10 to open the position and £10 to close the position. There are no financing implications associated with FP Markets’ Index products. Therefore net profits would have been £580.