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Most liked posts in thread: A basic question about index trading - UK100

  1. cynic

    cynic

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    The FEB, MAR and JUN contracts are forward/futures contracts which expire on the third Friday of the designated month.

    The cash contracts do not expire, however, debits and credits in lieu of interest and dividends will accrue in respect to any positions held beyond the end of the trading day.

    Normally, the UK 100 positions are traded in GBP, however, the cash (A$ contract) is, to the best of my understanding, a specially tailored CFD created for the convenience of traders with a preference for trading UK 100 positions denominated in AUD.

    Before deciding on which (if any) contract to trade, I encourage you to liaise with your CFD provider/broker (in this case Commsec) for more in depth information regarding the nature of these contracts.
     
  2. steelcat

    steelcat

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    Thanks!