USEquities

The USEquities basket is a unique product that combines the US30, SPX500, NAS100 and US2000 into one instrument and is a benchmark designed to reflect the change in value of the entire US share market.

The Index began on January 2, 2019, at a value of $2,000. It represent the changes in value from inception, of $500 position in each of the components.

Margin Requirements

To view current margin requirements, visit the below link:

https://www.fxcm.com/markets/margin-updates/

Trading Hours

Refer to the FXCM CFD Trading Hours PDF at:

https://docs.fxcorporate.com/user-guide/FXCMCFDTradingHours.pdf

Please note, however, that hours are subject to change based on Daylight Savings Time. Also, FXCM’s Index Products do not expire, but FXCM indices will not be open for trading during holidays in which the reference markets are closed.

Maximum Contract Size

The maximum number of contracts per click (trade) for the USEquities is 200.

Minimum Pip Cost (Value)

USEquities has a minimum value of $1 per point (Your per point value may be different if your account is denominated in a different currency. Please refer to the Simple Dealing Rates Window in Trading Station for this value).

The pip/point location is shown in the diagram. Each 1.0 price movement on USEquities is 1 pip/point.

Other Information

USEquities does have financing cost (Rollover). Applicable to most cash indices, dividend adjustments will apply on the eve of the ex-dividend date of the constituent members of the relevant Index. The adjustment will appear on your statement. For more information on financing costs and dividends, please refer to:

Learn more about Financing cost
Learn more about Dividents

Note: Whenever an individual component (US30, NAS100, SPX500 or US2000) has a dividend adjustment, then USEquities will too.