What are index CFDs in OANDA Australia?

Indices (also known as stock indexes) represent the value of a group of assets or stocks listed on a particular exchange. Major financial indices include the S&P/ASX200, Dow Jones Industrial Average, FTSE 100, CAC 40 and the DAX 30. Different indices have their own criteria for determining constituent stocks.

The Dow Jones Index represents 30 large publicly listed companies traded on the New York Stock Exchange weighted by price, whereas the FTSE 100 represents 100 of the largest blue-chip companies in the UK weighted by market capitalisation.

At OANDA, we offer CFDs on most major global indices, including the UK 100, US Wall St 30, France 40 and the Germany 30.

When the market value of stocks listed on an index rises, the index goes up. When the market value of stocks listed on an index falls, the index goes down. One notable exception to this is the Dow Jones Index, which is a price-weighted index which goes up and .down depending on the share prices (as opposed to the market value) of the stocks listed on the index

To see a list of all of our index CFD offerings, visit our website.

It is not possible to directly buy or sell an index. However, you can trade indices as a CFD.

OANDA’s index prices are calculated by reference to a combination of the relevant futures price and the ‘cash’ or ‘spot’ price of the underlying reference product.

Adjustments may be made to reflect market movement following the payment of dividends and other anticipated corporate actions.

Our index CFDs do not have an expiry date.

For more information about OANDA’s financing costs, visit our website or check out our other FAQs.

For margin information, visit our website.

Hours of operation are available on our website.

Yes. Clients are allowed to short index CFDs.

Spreads are dynamic. For our current spreads, visit our website .