LONDON, February 18, 2011 /PRNewswire/ -- See what difference a day makes in spread betting, as provider Finspreads (http://www.finspreads.com/) demonstrates when some key indices become available to trade during a 24 hour spell. All times GMT.
In France, CAC 40 market hours commence. The CAC is an index of 40 companies listed on the Paris Bourse. Along with the FTSE, DAX, and Dow Jones Index it is one of the most popular indices in financial spread betting. During market hours you can enjoy 1 point spreads on all four of these indices with Finspreads.
As the Hong Kong index closes, the FTSE 100 and DAX both open for trading. As London is the financial centre of Europe, the FTSE is seen as Europe's most important index. The DAX is an index of 30 selected German blue chip stocks which are traded on the Frankfurt Stock Exchange.
DAX market hours close in Germany. On the other side of the Pacific, the Dow Jones Index opens for trading. "The Dow" is an American index based on 30 large publicly owned companies.
16:30 The FTSE closes for business after 8.5 hours of trading. 17:15 In France the CAC closes, 10.25 hours after opening at 7:00. 21:00 After 7 hours of trading, the US Dow Jones closes for the day. 23:00
On the other side of the world, the Australia 200 opens in Sydney. As the name suggests, this index is an average of the top 200 stocks in Australia.
In Tokyo, the Nikkei 225 opens. This is the most widely quoted average of Japanese equities, and it is updated every 15 seconds during market hours.
2:00 As the Hang Seng index of Hong Kong stocks opens, the Nikkei 225 closes. 3.30 After closing for 90 minutes at 2:00, the Nikkei 225 re-opens in Tokyo. 5:00 The Australia 200 closes, 6 hours after opening. 6:00 The Japaense Nikkei 225 closes following a total of 4.5 hours of trading.
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Finspreads is a leading online financial spread betting firm, offering access to thousands of instruments on the world's financial markets. We pioneered fully interactive online spread betting in 1999 and we continue to invest in technology to ensure that our service remains amongst the market leaders.
Our goal is to make spread betting as straightforward as possible for every trader, whatever their level of experience. We focus on delivering quick and easy access to the tools and information our customers need to make their trading decisions, act on them, then monitor their performance. We also offer a comprehensive education and support package to help our customers understand and take advantage of the opportunities offered by spread betting.
As a result of our commitment to price transparency, trading education, and great customer support, we have attracted tens of thousands of traders ranging from beginners through to those with decades of experience. For more information go to http://www.finspreads.com/.
Finspreads is a trading name of City Index Limited, one of the world's largest providers of derivative trading services for retail investors. Visit http://www.cityindex.co.uk/ for more information.