Spain 35 / SPA35 - Trading Details

Product Description

The Spain 35 index is the main benchmark for the Spanish stock market, Bolsa de Madrid. SPA35 was initially introduced in 1992 and it measures the performance of the 35 most liquid stocks listed in the Madrid Stock Exchange General Index. As a capitalization weighted index, it is reviewed twice a year (January and July). The top 35 companies with the highest trading volume in Euros during the last 6 months are included in the index.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 4.9 4.9 4.9
Size of 1 lot 1 contract 1 contract 1 contract
Minimum Contract size, lots 0.01 0.01 0.01
Maximum Contract size, lots 60 60 60
Tick value per 1 lot 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD
Volume limitation n/a n/a n/a
Margin requirement 0.5% 0.5% 0.5%
Minimum Price Increment 0.1 0.1 0.1
Limit and Stop Levels 12.0 12.0 12.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0