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    New Index Tracking CFD: Portugal 20

    A new Stock Index CFD will be available for trading from 1 April 2014.

    The new instrument is called Portugal 20 (Symbol: PSI20.I) and it will track the leading Portuguese stock index with 20 constituents. Portugal 20 will automatically be made available to all clients and can be traded via all trading platforms. 

    Contract Details

    Index Tracker
    ​Symbol
    Spread 1)
    ​Margin required 2)
    Value of 
    one contract
    ​O/N Financing (Long/Short)
    ​ Trading
     Hours
     
     
    Portugal 20
     
    PSI20.I
    25
    0.50%​​
    EUR 1​​
    +3pp/-2.5pp
    08:10 - 16:25​​

    1) Spread: the spread indicated is a minimum spread and may increase depending on the liquidity in the underlying market assets.
     
    2) Margin required: you can benefit from 200 times leverage for the first EUR 50,000 or equivalent of combined CFD margin collateral, meaning that a single account can hold a position with a maximum exposure of EUR 10,000,000 for a single instrument at the rate of the margin shown in the table above. Above this threshold, the margin applicable doubles.
     

     

    Stock Index CFDs have gained popularity because of the cost-efficient diversification, low margin requirements and shorting capabilities. Click here to see the full range of Stock Index CFDs. ​​


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