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Japan 225 Index CFD
Indices
What is World Indices CFD?
Contract Details | Order Types            
Example of Long Trade | Example of Short Trade      
Japan possesses the 3rd largest economy in the world, after China and Japan, with a Gross Domestic Product (GDP) of 4.141 trillion USD after adjusting for Purchasing Power Parity (PPP). The economy is highly developed, with its main contributors being the service and advanced manufacturing industries, and is renowned for its technological prowess, strong work ethic and excellent service standards. If you are looking for such opportunities but are unfamiliar with individual Japanese companies to pick the right stocks to trade in, we have the trading instrument just for you.
The Japan 225 Index CFD is a form of Contracts for Difference (CFD) that allows clients to trade the underlying stock index, although the prices may differ from the actual index levels. It tracks the level of the index and, thus, provides clients a cost-effective way to diversify their portfolio. Take a bullish or bearish view with the Japan 225 Index CFD by going long or short respectively. And with a leverage of 10 times, use the Japan 225 Index CFD to make your money work harder for you.
Contract Details
CFD (Index) Commission
* Rates subjected to changes.
GST on Commission
* Finance Charges
* Based on 100% mark-to-market contract value
* Rates subjected to changes
Contract Details Current Promotion (s)
Japan 225
Index CFD
¥10
(per side / lot basis)
Long : 5.0% p.a. (DR)
Short : 4.0% p.a. (DR)

Based on 100% mark-to-market contract value
Margin Requirements:
10%
Min Trade Size:
100
Target Spread:1
20 pts
Value of 1 Index Point:
¥1
Contract Size:
¥1 x Price of Index
Trading Hours (SGT):
8:00 am – 11:00 am
12:30 pm – 2:00 pm
From 1 Apr - 31 Dec 2010,

All Trades
i) Waiver of rollover commission for this index
1 Please refer to World Indices Infosheet for more information.
To view more trading promotions, visit our Global Rates & Promotions page
Japan 225 Index CFD is traded and settled in JPY. There will be NO auto-conversion for JPY should there be any margin deficit in these currencies. Should there be any margin deficit in the respective ledger, clients should submit conversion request to avoid incurring margin debit interest.
Order Types
  • Market Order
  • Limit Order
  • Stop Order
Protect your profits and minimise your losses with the use of order types such as market and stop orders. Have more control over your Japan 225Index CFD order submission with POEMS & CFDTrader.
Example of Long Trade
A client is bullish on Japan 225 Index CFD and buys 100 contracts worth ¥1,078,500 at a price of 10,785.
The value of 1 index point is ¥1.
Scenario 1:
Positions are closed 4 days later at a higher value. The client sells his position at a price of 10,925.
  CFD Bid CFD Ask CFD Closing Price
Day 1 10,765 10,785 10,815
Day 2 - - 10,855
Day 3 - - 10,905
Day 4 10,925 10,945 -
Scenario 2:
Positions are closed 4 days later at a lower value. The client sells his position at a price of 10,645.
  CFD Bid CFD Ask CFD Closing Price
Day 1 10,765 10,785 10,755
Day 2 - - 10,715
Day 3 - - 10,665
Day 4 10,645 10,665 -
Example of Short Trade
A client is bearish on Japan 225 Index CFD and short sells 100 contracts worth ¥1,088,500 at a price of 10,885.
The value of 1 index point is ¥1.
Scenario 1:
Positions are closed 4 days later at a lower value. The client buys back his position at a price of 10,765.
  CFD Bid CFD Ask CFD Closing Price
Day 1 10,885 10,685 10,855
Day 2 - - 10,815
Day 3 - - 10,765
Day 4 10,745 10,765 -
Scenario 2:
Positions are closed 4 days later at a higher value. The client buys back his position at a price of 11,025.
  CFD Bid CFD Ask CFD Closing Price
Day 1 10,885 10,685 10,915
Day 2 - - 10,955
Day 3 - - 11,005
Day 4 10,985 11,005 -
Index CFD is a highly leveraged trading instrument, and you can lose more than what you put in.
 
CFD is a leveraged product and carries a high level of risk. As it is possible to lose more than your initial investment, this product may not be suitable for all investors. Please read the Trading Terms & Conditions and Risk Disclosure Statement before investing in this product.

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