Market Information Sheets

GFT Global Markets UK Ltd., Worldwide Leaders in Online Trading

CFD Individual Equities

Click on an equity below to view the individual offerings.

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Equity

GFT
Commission

Minimum Commission

IM Factor
(Margin Req)

Basis of Price and Interest Rate used for Finance Adjustments

GFT Trading Hours

Min/Max Size
1 cfd = 1 share

† Tick Factor (per 100 CFDs)

Currency

Example Price

Last Update

Australia

0.10%

10 AUD

5% on some stocks, 10% on others

BBA AUD LIBOR Spot Next rate at 17:00 New York time

10:00 - 16:00 Sydney time (Opening times are staggered from 10:00 Sydney time and are approximately: A-B 10:00; C-F 10:03; G-M 10:05; N-R 10:07; S-Z 10:09)

1 / No Max

1 AUD cent

AUD

2.455

23/10/2009

Austria

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 08:00 - 16:30;
Local 09:00 - 17:30

1 / No Max

1 Euro cent

EUR

76.54

23/10/2009

Belgium

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 8:00 - 16:30
Local 9:00 - 17:30

1 / No Max

1 Euro cent

EUR

9.87

23/10/2009

Denmark

0.10%

100 DKK

10%

BBA DKK LIBOR Spot Next rate at 17:00 New York time

09:00 - 17:00 CET

1 / No Max

0.01 of 1 Danish Krone

DKK

368

23/10/2009

Finland

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

10:00 - 18:20 Helsinki time

1 / No Max

1 Euro cent

EUR

22.22

23/10/2009

France

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 8:00 - 16:30
Local 9:00 - 17:30

1 / No Max

1 Euro cent

EUR

23.4

23/10/2009

Germany

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 8:00 - 16:30
Local 9:00 - 17:30

1 / No Max

1 Euro cent

EUR

38.18

23/10/2009

Hong Kong

0.30%

25 HKD

10%

HIBOR – Hong Kong Interbank Offer Rate at 17:00 New York time

10:00 - 12:30; 14:30 - 16:00 Hong Kong time

1 / No Max

1 HKD cent

HKD

24.85

23/10/2009

Hungary

0.25%

3500 HUF

25%

BBA LIBOR HUF Overnight rate at 17:00 New York time

UK 08:00 - 15:30
Local 09:00 - 16:30

1 / No Max

1 HUF cent

HUF

9360

23/10/2009

Italy

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 8:10 - 16:25
Local 9:10 - 17:25

1 / No Max

1 Euro cent

EUR

18.32

02/03/2010

Netherlands

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 8:00 - 16:30
Local 9:00 - 17:30

1 / No Max

1 Euro cent

EUR

10.05

23/10/2009

Norway

0.10%

100 NOK

10%

NIBOR one week rate at 17:00 New York time

09:00 - 17:20 CET

1 / No Max

0.01 of 1 Norwegian Krone

NOK

128.55

23/10/2009

Poland

0.25%

50 PLN

25%

WIBOR - Warsaw Interbank Offer Rate Overnight at 17:00 New York time

9:00 - 16:10 CET

1 / No Max
No Shorting Allowed

1 Polish grosz

PLN

16.95

13/11/2009

Portugal

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

09:00 - 17:30 CET

1 / No Max

0.01 of 1 Euro cent

EUR

120.25

23/10/2009

Singapore

0.25%

20 SGD

10%

Association of Banks in Singapore SIBOR 1 Month at 17:00 New York time

09:00 - 12:30; 14:00 - 1700 Singapore Time

1 / No Max

1 SGD cent

SGD

3.12

23/10/2009

South Africa

0.45%

150 ZAR

10%

BBA LIBOR ZAR Overnight rate at 17:00 New York time

09:00 - 17:00 Johannesburg time

1 / No Max

1 ZAR cent

ZAR

8787

23/10/2009

Spain

0.10%

10 EUR

10%

BBA LIBOR EUR Overnight rate at 17:00 New York time

UK 8:00 - 16:30
Local 9:00 - 17:30

1 / No Max

1 Euro cent

EUR

20.22

23/10/2009

Sweden

0.10%

100 SEK

10%

Stockholm Interbank Offer Tom/Next rate at 17:00 New York time

09:00 - 17:20 CET

1 / No Max

0.01 of one Swedish Krona

SEK

1.79

23/10/2009

Switzerland

0.10%

15 CHF

10%

BBA CHF LIBOR Spot Next rate at 17:00 New York time

UK 08:00 - 16:30;
Local 09:00 - 17:30

1 / No Max

1 centime

CHF

20.53

23/10/2009

UK

0.10%

7 GBP

(UK 350 10%) (AIM 25%)

BBA GBP LIBOR Overnight rate at 17:00 New York time

UK 8:00 - 16:30

1 / No Max

1 pence

GBp

250.5

02/12/2009

US Equities Offerings

US SPX 500

2.95 cents per share

10 USD

10%

BBA USD LIBOR Overnight rate at 17:00 New York time

UK 14:30 - 21:00
Local 9:30 - 16:00

1 / No Max

1 US cent

USD

120.05

23/10/2009

US Tech 100

2.95 cents per share

10 USD

10%

BBA USD LIBOR Overnight rate at 17:00 New York time

UK 14:30 - 21:00
Local 9:30 - 16:00

1 / No Max

1 US cent

USD

35.65

23/10/2009

US Wall Street 30

2.95 cents per share

10 USD

10%

BBA USD LIBOR Overnight rate at 17:00 New York time

UK 14:30 - 21:00
Local 9:30 - 16:00

1 / No Max

1 US cent

USD

58.97

23/10/2009

ADRs and ETFs

US Depository Receipts and Exchange Traded Funds (ADRs and ETFs)

2.95 cents per share

10 USD

VARIABLE - please contact Trading Desk for details

BBA USD LIBOR Overnight rate at 17:00 New York time

09:30 - 16:00 EST

1 / No Max

1 cent

USD

28.64

23/10/2009


For CFD Stock Indices (cash markets), Individual Equities and FX, a +/- 3% financing charge will apply.

† Tick Factor = the price increment representing 1 whole trading unit, by which P&L and both initial and variation margin is calculated. For non-FX CFDs, the Notional Value of your underlying transaction is Price * Number of CFDs/Tick Factor.

Commissions

You pay commission at the rates set out above when trading on individual equity CFDs with GFT Global Markets and calculated as follows: (applicable commission rate x price bought or sold at) x number of CFDs.

A minimum commission rate also applies, as set out above.

Minimum / Maximum Trade Sizes

The values shown are indicative; maximum trade sizes will vary from share to share, according to underlying liquidity and, in the case of UK shares, "Normal Market Size".

The market information sheets indicate the usual minimum and maximum trading sizes in GBP; currency equivalents apply for non-GBP accounts, or when trading on markets denominated in a currency other than GBP.

Restrictions may be applied to maximum trade sizes whether opening or closing.

The lot size of the corresponding underlying market is provided for your information, as a guide to minimum market trading size.


When you trade CFDs you are always trading the in "base" currency of the underlying market. E.g. if you trade a US share, you are trading in US dollars per one cent movement.

Finance Adjustments

All finance adjustments are carried out at on open positions at or after 17:00 ET. For examples on how the rollover process is applied, please see Examples.

As you hold a position overnight (i.e. after17:00 ET), a finance adjustment is made to your account. This is calculated as follows:

f = (s x p x r) / d

where
f = daily financing charge
s = number of CFDs
p = closing price as determined by GFT Global Markets (usually this will be the price on close of the underlying share)
r = relevant interest rate, PLUS 300 basis points for long positions, or MINUS 300 basis points for short positions, e.g. (4.50% + 3.00%) = 7.50%
d = number of days, i.e. 365 for UK and Australian indices and 360 for all others

Long (buy) trade positions are debited the daily financing charge
Short (sell) positions are credited the daily financing charge

Dividends

Current rates of dividend adjustments are as follows:

UK Shares: Buy trades are credited with 100% net dividend declared
Sell trades are debited with 100% net dividend declared.
US Shares: Buy trades are credited with 85% of the gross dividend
Sell trades are debited with 100% of the gross dividend
Australian Shares: Buy trades are usually credited with 100% of the franked declared dividend and 85% of the non-franked proportions of the declared dividend.
Sell trades are debited with 100% of the declared dividend
Euro and other non-UK Shares: Buy trades – amounts vary from country to country
Sell trades are debited with 100% of the gross dividend

Short-Selling

Restrictions may be imposed on short-selling if for example the underlying stock is subject to a lack of liquidity.

Trading Hours

Times shown are GFT Global Markets' usual times for trading a market; these may vary e.g. on market holidays and where daylight saving applies.

Our normal dealing hours are from 17:00 Sunday to 17:00 on Friday Eastern Time.

Spreads

The spreads shown may vary according to underlying market liquidity or in "fast markets".

CD01UK.272.060810