Trading instruments: CFD MOEX
CFD for the biggest Russian companies' shares
CFD trading on Russian stocks
Principles of working with CFD MOEX
CFD MOEX is a group of liquid and stable financial instruments that provide the opportunity to work with the shares of the largest Russian companies traded on the Moscow Stock Exchange MOEX.
CFD MOEX is a contract for difference in the value of the shares. The trader earns on the changes in the price of the underlying asset of the contract while not owning the asset.
Through CFD MOEX, a trader can speculate in stocks of Russia's biggest and most stable companies, such as GAZPROM, SBERBANK, Lukoil, Norilsky Nikel, VTB Bank, Rostelekom, and many others. These are time-proven highly liquid companies. CFD MOEX tools help LiteForex's clients access the Russian stock exchange. The dynamics of growth in the rates of securities are freely accessible, so traders can track the most successful companies to make the most of Forex later.
After buying CFD NASDAQ (concluding a contract), the value of assets may change, and at the end of the contract term, the trader receives the difference between the original price and the current price as of the time of trade closing.
CFD MOEX trading is based on a margin trading principle when an investor makes profits using leverage. This allows him/her to operate large sums whereas his/her own deposit may be quite moderate. Thus, a trader may work with CFD MOEX without owing the sum necessary to buy the underlying assets.
For an example we can take CFD MOEX purchase of 1 000 shares of Gazprom at the price of 160 rubles per share (ruble exchange rate is 64.95). The amount of funds in the account of the trader required to open such a contract is not equal to the total value of shares - 160,000 rubles ($2463.43), but onlyto the amount of margin collateral (5%) and commission (0.15%), amounting to 8 240 rubles (126.86 US dollars). After a while the value of shares may increase to 170 rubles, and the contract will be closed with a profit (170-160) x1 000 = 10,000 rubles, or $153.96.
The Moscow Exchange was established in 2011, when the Moscow Interbank Currency Exchange (MICEX) merged with the Russian Trading System. Today, it's the biggest Russian exchange group that operates trading in stock, currencies, precious metals, bonds, money markets and derivatives, contributes to the development of the Russian financial market and attracts investors from all around the world.
Specification of contracts
Available in trading accounts:
|SBERBANK OF RUSSIA
* Spreads and swaps are indicated according to the current market conditions (data is recorded in the table, straight from the trading server, and is updated in real time). The LiteForex has the right to change spreads and swaps according to current market conditions, depending on the volatility of one or another financial instrument and/or interest rate size, when such changes are required.
** Swaps are calculated at 00:00 terminal time of each working day. For CFD_MOEX triple swaps are calculated from Friday to Monday.
*** When relevant market news is published, Stop & Limit levels can increase threefold.
**** Leverage for all contracts for difference (CFD_MOEX) has fixed value 1:20.
***** CFD_MOEX trades are charged a commission in the amount of 0.15% of the opening price.
****** For CFD_MOEX trading instruments pending orders of stop&limit type are accepted only under the current trading session and are removed at the end of trading day with the comment "good for day".
******* SWAP value for CFD_MOEX specified in percent.
******** CFD_MOEX instrumentsare available for trading on all account types except CENT accounts.
********* Trading schedule for CFD_MOEX instruments: 10:00 - 18:45 GMT+3.
Service available only for clients of LiteForex Investments Limited (Marshall Islands).