CFDs on Indices
LVMexchange uses a trading system based on lots. This means that all products offered by LVMexchange are adjusted to standardized trade sizes. In general, these sizes make up the underpinned reference tool (the cash or futures tool) or are a fraction of that amount. It allows easier trades by providing customers with the opportunity to trade in lot increments. In addition, it proposes a price for every lot size rather than averaging open and close prices when multiple positions are taken in the same tool.
Actually, the size of the lot for every index is one contract (i.e., 1 UK 100, 1 US 30, etc.). After all, in order to efficiently reflect the movement and loss/profit implications of the underpinned futures, LVMexchange has developed an incremental/minimum trade size specified in the table above.
The figures specified in parenthesis refer to the spread when the underpinned cash market is closed.
Please don’t forget that during periods of low liquidity and subjective market conditions, as well as around economic data releases, spreads may momentarily increase, especially on affected currency pairs. Subjective market conditions can lead to a price gap that in turn may stop the execution of such orders (stop loss, sell stop, buy stop,) at the requested stop price. We aim to execute all stop orders at the requested price, market conditions allowing.